- Ukraine’s upgraded drones are striking Russian supply lines and oil infrastructure—even sending smoke over the St. Petersburg economic forum—disrupting refineries and naval yards.
- The war is a heavy fiscal drain: Russia faces soaring budget deficits, plunging reserves and stalled GDP growth as defense spending outpaces revenues.
- Fuel shortages and rationing are spreading in Russia, Crimea and occupied regions, snarling civilian life and complicating military logistics.
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