Annual Russian business forum shaping the economy’s image and policy signals
Ukraine has struck multiple oil facilities and fuel depots across southwestern Russia, expanding its long-range drone campaign. Reports indicate large fires and evacuations, with officials citing damage to civilian infrastructure and an IAEA-monitored situation at Zaporizhzhia. Russia and Ukraine continue to exchange strikes as both sides argue over targets and consequences.
A wave of attacks across Ukraine and Russia continues as Kyiv demands direct ceasefire talks while both sides report strikes on civilian infrastructure. Zelenskyy urges open dialogue as both sides confront ongoing drone and missile activity.
Ukraine has launched long-range drone strikes that hit a fuel terminal in St. Petersburg and a military facility, with smoke rising over the port. Putin attends the St. Petersburg forum as tensions escalate and oil facilities target Moscow’s war effort.
British, French and German ambassadors have met Russian officials to press for direct talks between Moscow and Kyiv after the E3 leaders backed Zelenskyy’s proposal for a face-to-face summit. Moscow has rejected meeting before a deal is agreed and continues to strike and be struck by Ukrainian long-range and drone attacks that have disrupted Russian supply lines and fuel deliveries to Crimea.
Ukraine has used long-range drones to hit strategic targets deep inside Russia this week, striking St Petersburg's oil terminal, the Kronstadt naval base and supply lines to occupied Crimea. Russian authorities have reported hundreds of intercepted drones, governors have ordered residents to shelter indoors, and Crimea is facing severe fuel shortages that are disrupting travel and tourism.