Putin admits the invasion of Ukraine affects Russia’s economy, people | News of the Russian-Ukrainian war


Ukraine has been targeting Russian factories, depots and pipelines, as well as oil in Crimea.

President Vladimir Putin has acknowledged that the recent escalation of the Ukrainian conflict is damaging Russia’s economy and society.

Putin’s statement on Friday followed weeks of extending the strike in Ukraine on Russian infrastructure, including Kyiv’s attack on Russia’s Nizhnekamsk gas station last night. However, the Kremlin official insisted that the escalation of protests could not lead to division and that the economy would recover quickly.

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The attack on Ukraine, which has hit refineries, storage facilities and deep-sea pipelines in Russia – all vital to the country’s oil and gas exports – appears to be escalating as the war escalates. Moscow’s advance on the front line in eastern Ukraine slowly.

Putin declared that he was confident that the attack would not affect Moscow’s determination to continue attacking its neighbor.

“Regarding the economy: they are destroying us, but we are recovering quickly,” Putin said in a statement carried by Russia’s TASS news agency. He also said that the strike aims to “cause confusion” among the people.

But he insisted that the strike would not succeed “by dividing people or causing us economic problems – not in the way they want”.

Ukraine says the attack is a fitting retaliation for Russia’s daily attacks the number of drones and missiles they were sent to the cities and towns of Ukraine to ravage.

Seeking to maintain the government’s narrative that the “special military operation” remains successful despite growing evidence inside Russia, Mr Putin promised that the Russian military would increase attacks on “enemy structures” to “prevent them from attacking our civilian areas”.

The Russian leader also said that Moscow must improve its security – the second such call this month.

In addition to the long-running attack on Russian infrastructure, Ukraine also targeted assets in Russian-held Crimea, including oil tankers, causing a major oil crisis on the Black Sea Peninsula since it was illegally annexed by Russia in 2014.

Cars line up at a gas station in Simferopol, Crimea, Friday, June 12, 2026. (AP Photo)
Vehicles dump at a gas station in Simferopol, Crimea, June 12 (AP Photo)

The Washington-based Institute for the Study of War found a connection between Ukraine’s long-running attacks and the destabilization of Crimea and other occupied territories.

“The long-term boycott is reducing Russia’s production capacity, while the mid-term campaign is damaging Russia’s ability to transport Russian oil while still producing,” it said in a study.

Kremlin spokesman Dmitry Peskov acknowledged Crimea’s oil shortage earlier this week and promised that “measures are being taken” to deal with it.

Putin soon he rejected the prospect of face-to-face talks with Ukrainian President Volodymyr Zelenskyy to end the war.

Ukraine’s military chief Oleksandr Syrskii said Ukraine has regained more of its territory than it lost in May, recapturing Russia’s monthly gains.



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