Zelenskyy Says Ukrainian Strikes Cost Russia $2.3 Billion in March
- Ukrainian long-range strikes on Russian oil infrastructure caused about $2.3 billion in revenue losses for Russia in March 2024, according to President Volodymyr Zelensky.
- These strikes reduced Russian daily oil shipments by roughly 880,000 barrels and forced Russia to reroute its oil logistics after damage to key ports and terminals.
- The United States temporarily eased sanctions on Russian oil in April 2024, allowing the sale of certain shipments already at sea until May 16.
- The International Monetary Fund raised Russia's economic growth forecast for 2026 to 1.1%, citing higher energy prices despite the Ukrainian attacks and sanctions.
14 Articles
14 Articles
$2.3 billion up in smoke: Ukrainian long-range strikes devastate Putin's oil revenue in March
Ukraine’s campaign against Russia’s energy sector is intensifying, with Kyiv claiming major financial damage to Moscow’s war economy. The latest figures point to billions in lost oil revenue as long-range strikes target critical infrastructure.
Ukraine's long-range strikes inflicted billions of dollars in Russian oil revenue losses in March, Zelensky says
"I am grateful to all our warriors for their precision," Zelensky said in his evening address. "We will continue this work in April," Zelensky said just one day after Ukraine's military struck another four oil industry facilities overnight on April 18.
President Vladimir Zelensky said that the strikes by the Defense Forces on oil facilities in Russia caused at least $2.3 billion in damage to the Russian economy.
"Long-range sanctions" continue in April. Last month, Russia suffered at least $2.3 billion in losses in the oil sector as a result of Ukrainian long-range strikes, according to RBC-Ukraine, citing a statement by Ukrainian President Volodymyr Zelenskyy. Read also: Ukrainian Armed Forces strike four Russian oil refining facilities at once. The head of state emphasized that Ukraine's "long-range sanctions" are showing results and are inflicting a …
Ukrainian drones stopped 40% of exports.
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