Ukrainian President Volodymyr Zelenskyy said Monday that Ukraine’s Foreign Intelligence Service has obtained Russian internal documents assessing economic losses linked to the war.
In a post on X, Zelenskyy said the documents contain Russian internal assessments that Moscow is trying to hide from both the international community and its own public.
He said one Russian oil company, which he described as not the country’s largest, has been forced to shut down around 400 active oil wells. Zelenskyy said the shutdowns are significant because restarting wells in Russia is more difficult than in other oil-producing countries.
Zelenskyy also said Russian oil refining has dropped by at least 10% in just a few months this year. He said Ukraine’s long-range actions are proving effective and would be expanded.
The Ukrainian president said the documents also show strain in Russia’s banking sector. He said 11 financial institutions are preparing for full liquidation because of unresolved problems, while eight other banks have built up critical issues that cannot be addressed without outside resources.
Zelenskyy said Russia’s federal budget deficit had reached almost $80 billion by the fifth month of the year. He also cited bankruptcies in what he described as a significant number of Russian regional budgets.
Zelenskyy said he instructed Oleh Luhovskyi, head of Ukraine’s Foreign Intelligence Service, to share information about Russian efforts to involve global companies in financial relief and sanctions-evasion schemes while protecting Ukrainian sources.
He said Ukraine has recorded attempts to export grain from occupied Crimea and efforts to bring investment and technology from democratic countries into Russia’s Arctic oil and gas projects.
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