This running estimate provides an update on the ongoing conflict between Russia and Ukraine. It assesses the current military situation, including troop deployments, key battles, and territorial control. The estimate also analyzes the political and economic dimensions of the conflict, including international sanctions, diplomatic efforts, and the humanitarian crisis. It further examines the potential future trajectories of the war, considering various factors such as military capabilities, political objectives, and external support. The report also touches on the implications of the conflict for regional and global security.