Ukraine Reveals Secret Russian Economic Damage Report as Moscow Shuts Oil Wells and Battles Banking Collapse

Ukrainian President Volodymyr Zelenskyy said Ukraine’s Foreign Intelligence Service has obtained new Russian documents that allegedly reveal how Moscow internally assesses the damage caused by the war.

According to Zelenskyy, the documents are especially significant because they come from inside Russia and contain information the Kremlin is allegedly trying to hide from both foreign governments and its own citizens.

Oil Wells Shut Down as Pressure Builds

Zelenskyy said one of the clearest signs of Russia’s difficulties is the shutdown of active oil wells.

He claimed that one Russian oil company, which he described as not even the country’s largest, has already been forced to close around 400 wells.

He said this is a serious blow because Russia’s oil production system makes it much harder to restart wells once they are shut down compared with other oil-producing countries.

Ukraine Points to Drop in Russian Refining

The Ukrainian president also said Russia has seen oil refining fall by at least 10% within only a few months this year.

Zelenskyy described this as evidence that Ukraine’s long-range strikes and sanctions pressure are producing real results.

He said Kyiv intends to expand these operations as part of its wider effort to weaken Russia’s war economy.

Banking Sector Faces Growing Crisis

Zelenskyy also pointed to what he described as deepening problems inside Russia’s banking system.

He said 11 financial institutions are preparing for full liquidation because their problems can no longer be solved through normal measures.

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Another eight banks, according to Zelenskyy, have reached a critical stage and would need outside resources to survive.

Budget Deficit Adds to Moscow’s Strain

The Ukrainian leader said Russia’s federal budget deficit has reached nearly $80 billion by the fifth month of the year.

He also claimed that many Russian regional budgets are facing bankruptcy, adding another layer of financial pressure on Moscow as the war continues.

Alleged Sanction-Evasion Efforts Under Review

Zelenskyy said he instructed Oleh Luhovskyi, the head of Ukraine’s Foreign Intelligence Service, to share parts of the obtained information with international partners without exposing Ukrainian intelligence sources.

He said the material includes alleged Russian attempts to involve global companies in financial rescue efforts and sanction-evasion schemes.

Crimea Grain Exports and Arctic Energy Projects Cited

Zelenskyy specifically mentioned alleged attempts to export grain from Russian-occupied Crimea.

He also said Ukraine has recorded other forms of economic exploitation of the peninsula involving entities from the United States.

In addition, he claimed Russia is trying to attract investment and technology from democratic countries into Arctic oil and gas projects.

Impact and Consequences

If Ukraine’s claims are accurate, the documents suggest Russia is facing mounting economic pressure across several key sectors, including oil production, refining, banking, and public finance.

The alleged shutdown of hundreds of oil wells could damage Russia’s long-term energy output, while falling refining capacity may affect fuel supplies and export revenue.

The banking concerns and budget shortfalls could also make it harder for Moscow to fund domestic priorities while continuing the war.

What’s next?

Ukraine says it will continue expanding long-range operations aimed at weakening Russia’s war economy.

Kyiv is also expected to brief its international partners on alleged sanction-evasion attempts, including activity linked to Crimea and Arctic energy projects.

Zelenskyy said Ukraine already knows how to counter these efforts and thanked Ukrainian intelligence officers and allies for their support.

Summary

Zelenskyy said Ukrainian intelligence obtained internal Russian documents showing major economic strain inside Russia.

He cited oil well shutdowns, a decline in refining, banking instability, a large federal deficit, struggling regional budgets, and alleged attempts to use foreign companies for sanctions evasion.

Bulleted Takeaways:

• Zelenskyy says Ukraine obtained concealed Russian internal documents.
• Ukraine claims one Russian oil company has shut down around 400 wells.
• Zelenskyy says Russian oil refining has dropped by at least 10% this year.
• Ukraine claims 11 Russian financial institutions are preparing for liquidation.
• Russia’s federal budget deficit is said to be nearly $80 billion by the fifth month of the year.
• Kyiv says Russia is seeking foreign help for sanction-evasion and energy projects.
• Ukraine plans to share selected intelligence with international partners.