Putin Admits Ukraine's Attacks Damage Russian Economy

Russian President Vladimir Putin has admitted that Ukrainian attacks are inflicting economic damage on Russia, but he asserted that these strikes have not achieved Kyiv's desired objectives. Speaking at a meeting with military personnel, Putin stated, "On the economic side, they are certainly causing us damage, but we are recovering very quickly." He characterized the attacks as attempts to "sow confusion" and divide Russian society.

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On the economic side, they are certainly causing us damage, but we are recovering very quickly.

Despite acknowledging the economic strain, Putin affirmed that these strikes would not diminish Moscow's resolve in the conflict. He pledged that Russia would continue to escalate its own attacks on Ukrainian infrastructure to prevent further assaults on Russian territory. In recent months, Ukraine has expanded its drone attacks deep into Russian territory, targeting numerous oil refineries, fuel depots, and pipelines.

These strikes aim to disrupt Russia's vital energy sector, a key source of revenue for the country's war effort. Kyiv views these actions as a direct response to the near-daily missile and drone attacks Russia has launched against Ukrainian cities and infrastructure. Beyond long-range strikes, Ukraine has also targeted fuel supply routes to Crimea, the peninsula annexed by Russia in 2014.

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About the economy, they are certainly causing us damage, but we are recovering very quickly.

Attacks on fuel trucks and storage facilities in Crimea are reported to have contributed to the most severe fuel crisis on the peninsula since its annexation. The Institute for the Study of War (ISW) in the United States noted that Ukraine's campaign is creating a dual impact: reducing fuel production capacity and complicating Russia's logistical efforts to transport remaining fuel supplies.

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They are trying to sow confusion and divide Russian society.