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Home»Stock Market»Putin says Russia faces gas shortages after Ukraine strikes
Stock Market

Putin says Russia faces gas shortages after Ukraine strikes

EditorBy EditorJune 29, 2026No Comments3 Mins Read
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Putin says Russia faces gas shortages after Ukraine strikes
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On this pool {photograph} distributed by Russian state company Sputnik, Russia’s Vladimir Putin addresses the viewers on the twenty third Congress of the United Russia social gathering in Moscow on June 28, 2026.

Yekaterina Shtukina | Afp | Getty Photographs

Russian President Vladimir Putin has conceded that the nation is going through gas shortages following a barrage of long-range Ukrainian drone strikes on key power infrastructure, though he insisted the Kremlin was coping with them.

The Russian president’s feedback throughout an interview with a state TV reporter on Sunday mark the primary time he has detailed the extent to which Ukraine’s deep-strike success has hampered Russia’s gas manufacturing.

Putin stated Russia would import extra gas and expedite repairs of oil services to finish what he described because the “non permanent deficit,” in keeping with The Related Press.

“All broken services are being restored fairly rapidly, and the problems that come up are usually not essential,” Putin stated. He additionally pledged to bolster Russia’s air protection capability to sort out Ukraine’s mid- to long-range drone capabilities.

Ukraine has stepped up assaults on Russian oil services in latest weeks, searching for to chop off Moscow’s power revenues and attempt to pressure Putin into bringing an finish to the greater than four-year struggle.

The assaults, together with an enormous explosion at Gazprom’s Moscow Refinery earlier within the month, have prompted analysts to recommend that the battle may very well be shifting in Ukraine’s favor.

Ukraine has additionally intensified its strikes on Crimea, which Russia seized by pressure in 2014, as a part of a technique to isolate the peninsula, and has benefited from a collection of political tailwinds in latest weeks.

Talking earlier on Sunday, Putin used a speech to the ruling United Russia social gathering congress to strengthen his resolve to realize the nation’s navy aims and venture Russia’s energy.

He vaguely referred to the affect of Ukraine’s assaults on Russian power services, saying: “Sure, we see and realise our issues – we additionally reply to them.”

He added: “We will definitely deal with all of the challenges we face immediately, together with terrorist assaults on our territory and our infrastructure.”

Vehicles queue at a fuel station operated by Rosneft, a state-controlled Russian oil firm, on June 27, 2026, in Moscow, Russia. Russia has been experiencing a gas disaster since mid-June, attributable to elevated Ukrainian drone assaults on oil refineries.

Contributor | Getty Photographs Information | Getty Photographs

The Russian president additionally acknowledged the affect of Ukraine’s drone strikes throughout a gathering with authorities ministers and different officers, noting the queues at petrol stations and saying a full ban on diesel exports was into account.

Russian oil refineries

Ukrainian President Volodymyr Zelenskyy stated on Sunday that the nation’s forces struck two extra Russian oil refineries, one within the Krasnodar area, which was estimated to be about 186 miles from the entrance line, and one other facility within the Yaroslavl area, about 435 miles from the Ukrainian border.

“Every of our long-range sanctions is a discount within the sources working for the Russian struggle machine, and one other step in the direction of peace,” Zelenskyy stated by way of Telegram, in keeping with a Google translation.

There have been no quick stories from Russian authorities concerning the strike. Mikhail Evraev, governor of the Yaroslavl area, stated Sunday {that a} drone hazard alert had been issued and visitors had been briefly closed on the highway out of Yaroslavl towards Moscow.

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