Putin is leading Russia to financial ruin

Despite US President Donald Trump's statements that Russia retains the upper hand in the war against Ukraine, the economic situation in the country shows the opposite, according to The Washington Post.

Putin has spent a significant portion of the cash reserves and borrowed funds that previously covered military expenses, and new financial challenges lie ahead.

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New tough US sanctions against Russia's oil sector are exacerbating the budget deficit and creating additional risks for the financial system.

The restrictions have affected major companies, including Rosneft and Lukoil, forcing Moscow to offer discounts on oil of more than $20 per barrel. Experts note that the oil and gas industry is sliding into crisis, and the new measures are only accelerating this process.

There are risks of non-payments and a banking crisis next year, even if the Russian dictator takes a hard line in negotiations to end the war.

Economists emphasize that 2026 could be the first year when the war proves to be truly difficult for the Russian economy.

Most members of the Russian elite do not expect mass social protests or economic difficulties to influence the Kremlin's political decisions.

Photo: screenshot.

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