Information on the current losses of the Russian Federation due to sanctions as of 27.06.2026.
1. Ukrainian “Flamingo” missiles struck JSC “FNPC ‘Titan-Barricades'” in Volgograd — one of the key enterprises of Russia’s military-industrial complex.
– The plant specializes in the production of launchers, artillery systems, and components for the “Iskander-M,” “Yars,” and “Topol-M” missile systems.
– This enterprise supplies the Russian army with essential missile weaponry elements. After the start of the full-scale war, the plant has been under international sanctions due to its involvement in the production of armaments for the Russian army.
– If significant damage is confirmed, the strike could greatly affect the capabilities of the Russian military-industrial complex to produce and repair missile systems.
2. Russia has almost quadrupled its import of aviation fuel from Belarus amid shortages following strikes on refineries.
– Russia has increased its import of aviation kerosene from Belarus, indicating a deepening fuel shortage after a series of attacks by Ukrainian drones on oil refining infrastructure.
– In May 2026, aviation fuel supplies from Belarus to the Russian Federation reached 5,170 tons, nearly four times more than the same period last year.
– In early June, the Russian Federation imposed a six-month ban on the export of aviation fuel due to shortages. After the strikes by Ukrainian drones, the Moscow refinery, which produced about 12% of Russian aviation fuel in 2025, was halted, worsening the problem.
– Russia is no longer able to fully supply its own market with aviation fuel. The loss of key refining capacities forces Russia to increasingly rely on external supplies.
3. Ukrainian strikes are turning occupied Crimea from Putin’s main achievement into a strategic burden.
– The campaign of Ukrainian drone strikes on the military and energy infrastructure of occupied Crimea has caused a fuel and energy crisis on the peninsula, forcing the occupying authorities to declare a state of emergency.
– Annexed in 2014, Crimea, which the Kremlin portrayed for years as a major political achievement of Vladimir Putin, is increasingly turning into a strategic problem. The peninsula has become one of the most vulnerable spots in the Russian military machine and a factor complicating further warfare.
– In recent weeks, Ukraine has significantly intensified its campaign of strikes on Crimea. Drones have attacked bridges, railway infrastructure, oil depots, ferry crossings, power stations, port facilities, and fuel convoys on the “Novorossiya” highway.
– Since 2014, Russia has turned Crimea into a large military base, but its isolation is becoming an increasingly serious problem for the occupying forces. Cutting off supply routes for the troops and exhausting Russian air defenses create conditions for further pressure on the occupying forces in Crimea.
– The escalation around Crimea is occurring during a politically sensitive period for the Kremlin — ahead of the parliamentary elections in Russia. Instead of being a symbol of imperial ambitions, the occupied peninsula is increasingly becoming a source of military, economic, and political problems for the Russian leadership.
4. Russians are increasingly buying foreign currency amid growing doubts about the stability of the ruble.
– According to major banks, from January to May 2026, the volume of transactions for buying dollars, euros, and yuan increased by an average of 31% compared to the same period last year.
– Financial marketplaces are also recording a sharp rise in demand. The number of currency transaction applications has increased almost 5 times since the beginning of the year, and in May — already 12 times compared to January.
– The volume of currency purchases by the population continued to grow rapidly: in March, Russians bought foreign currency worth 65.2 billion rubles, in April — 108 billion rubles, and in May, this figure almost doubled compared to the beginning of the year.
5. “Alrosa” halts the largest diamond deposit in the Arkhangelsk region due to financial problems.
– The Russian diamond mining company “Alrosa” is suspending mining operations at the “Severalmaz” enterprise from July 1 for three months. This enterprise develops the M. V. Lomonosov deposit in the Arkhangelsk region and provides about 10% of Russia’s diamond production.
– The company explained the decision as necessary to maintain operational and financial stability amid the crisis in the global diamond market and weak diamond raw material sales.
– “Alrosa,” 33% of whose shares are owned by the Russian state and another 25% by the Yakutia government, has already reduced production in 2025 by 10% — to 29.8 million carats. Despite a net profit of 36.2 billion rubles, the company ended the year with a negative free cash flow of 11.2 billion rubles, indicating a deterioration in its financial state. This is not the first step in cost optimization.
– Last year, “Alrosa” cut the salaries of employees not directly involved in mining by 10% and mothballed the less profitable deposits of Verkhnyaya Muna and two sites of “Diamonds of Anabar.”
– The shutdown of one of the key diamond mining enterprises signifies the deepening financial problems of Russia’s largest diamond producer.
6. The Baltic countries urged the EU to promptly implement a full ban on the import of Russian oil to deprive Moscow of one of the main sources of financing for the war against Ukraine.
– Estonia, Latvia, and Lithuania appealed to the European Commission to expedite the preparation of the corresponding decision. According to the European Commission, the EU’s dependence on Russian oil has already sharply decreased: while at the beginning of 2022 its share was 27% of imports, by 2025 it will be only 2%.
– This indicates that Russia’s opportunities to earn in the European market are rapidly narrowing. Poland is also calling to complete the process by the end of the year. Deputy Minister of Energy Wojciech Wrotny emphasized that abstaining from Russian energy resources is a necessary price for Europe’s energy independence.
– However, the advancement of the ban might face resistance from Hungary and Slovakia, which are still significantly reliant on Russian oil. At the same time, individual states will not be able to block the adoption of this decision.
– If a full oil embargo is implemented, it will be another blow to the revenues of the Russian budget.
