Estonia’s September 29 formal attribution of an August arson attack on Milrem Robotics—a defense firm supplying Ukraine—to Russian special services has reinforced trader focus on the accelerating pattern of hybrid sabotage across EU territory. Germany’s earlier September attribution of the Leipzig airport drone incident, alongside ongoing probes in Poland and intelligence warnings from Denmark, Czechia, and others, has established a precedent for public blame linked to defense targets and proxy recruitment. EU foreign ministers have coordinated diplomatic summons, sanctions discussions, and expressions of solidarity, while Russia consistently rejects the claims. With additional incidents under investigation and heightened alerts through year-end, the market reflects consensus around continued Russian operations and the likelihood of further formal EU attributions before key deadlines.