Putin: Ukraine attacks cost Russia 1% GDP

Russian President Vladimir Putin stated that Ukrainian attacks caused losses amounting to approximately 1% of Russia's GDP over a 40-day campaign. Around 100 Russian ships were damaged, and oil refineries and ports suffered harm, leading to a decline in oil exports to 3.46 million barrels per day in the past four weeks. Putin confirmed that the damages are real but recoverable, and that Russia will take appropriate responses to the threats posed by drones and potential airspace closures. The attacks also disrupted shipping operations across the Black Sea, especially in the Novorossiysk ports, creating logistical challenges and difficulties in exporting to global markets.

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