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By Putin’s own estimate, Ukrainian strikes on Russian refineries have cost Russia 1% of GDP. But he says stopping them isn’t worth halting attacks on Ukrainian vessels.

Russian President Vladimir Putin rejected the idea of halting attacks on Ukrainian ships in exchange for Ukraine ending its strikes on Russian oil refineries. He made the remarks at the Valdai Forum.

By Putin’s own estimate, Ukrainian strikes on Russian refineries have cost Russia 1% of GDP. But he says stopping them isn’t worth halting attacks on Ukrainian vessels.

Russian President Vladimir Putin has stated that Ukraine's strikes on Russian oil refineries have caused 1% of Russia's GDP to be affected. During a speech at the Valdai Forum, Putin expressed his belief that Ukraine should cease these attacks in exchange for Russia ceasing strikes on Ukrainian vessels. He argued that Russia has sufficient diesel supply to meet its needs, but sanctions would prevent any excess from reaching the global market.

According to Putin, Ukraine's refusal to stop the strikes makes the proposition of halting attacks absurd. Additionally, Putin mentioned that Russia had begun targeting Ukrainian economic infrastructure in response to the refinery strikes, leading to significant damage and rendering Ukraine without a functioning metals industry.

Recent American President Donald Trump has been advocating for Ukraine to cease the attacks on Russian refineries, but his claims have not been confirmed.

Written by urgent.news from Meduza (English)'s reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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