Oleh Luhovskyi Has Briefed the President of Ukraine on the Aggressor Country’s War Losses

Acting Head of the Foreign Intelligence Service of Ukraine Oleh Luhovskyi has briefed President Volodymyr Zelenskyy on an assessment of the aggressor country’s war losses. It is important to point out that this is specifically a russian internal assessment, which they are trying to conceal from both the world and russia’s domestic audience.

The first important indicator is the reduction in active oil wells. Given the specifics of russian oil production, these are significant losses, as restarting wells in russia is considerably more difficult than in other oil-producing countries.

The second indicator is a reduction in oil refining by at least 10% in just a few months this year. Ukraine’s long-range sanctions are indeed working.

According to the President of Ukraine, the data on the banking crisis in russia look quite convincing: specifically, 11 financial institutions are preparing for complete liquidation due to problems that cannot be resolved by other means, and another eight banking institutions have accumulated critical problems that cannot be resolved without the involvement of external resources. This year’s federal budget deficit figures are also alarming, amounting to nearly $80 billion by the fifth month of the year, and this – against the background of the bankruptcy of a significant portion of russia’s regional budgets.

Volodymyr Zelenskyy instructed the Head of the Foreign Intelligence Service of Ukraine to disseminate, in a manner that does not compromise our sources, information obtained regarding russia’s attempts to involve global companies in resolving its financial crisis and circumventing sanctions. “In particular, we have, unfortunately, documented attempts to organize grain exports from the temporarily occupied territory of Crimea, as well as other forms of economic exploitation of the Peninsula involving entities from the United States. We will keep our partners informed. We are also documenting attempts to bring investments and technologies from democratic countries into russian oil and gas projects in the Arctic. We know how to counteract,” he emphasized.

The President of Ukraine also thanked all Ukrainian intelligence officers!