11 August, 2025
For three years, the Kremlin has been financing its invasion of Ukraine by draining its coffers and relying on its oil, gas, and coal revenues. But this strategy is reaching its limits: Western sanctions cap the price of Russian crude oil at $47.60 per barrel, forcing Moscow to sell its production at knockdown prices to China, India, and Turkey.The result: by 2025, oil and gas revenues, which represent a third of the federal budget, have fallen by 18.5% in seven months. The budget deficit jumped to €56 billion at the end of July, a 30% increase over the annual target. A brutal slowdown
Forecasted growth is now only 0.9% (compared to 4% in 2023-2024) and reserve funds are almost exhausted. Industrial production is declining: metallurgy (-18%), automotive (-28% ...
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10 August, 2025
On the night of August 9-10, the Ukrainian Defense Forces, supported by their drone units, struck the heart of the Saratov oil refinery in Russia, causing massive explosions and a widespread fire at one of the country's most important oil sites.Capable of processing up to 7 million tons of oil per year, this site is a key link in the fuel supply to the occupying army, the same fuel that powers the Russian bombers attacking Ukrainian cities every night.By neutralizing this strategic infrastructure, Ukraine is directly weakening the enemy's military and economic potential, bringing closer the day when it will be forced to end its war.Saratov is located approximately 600 km from the front line. This strike demonstrates Ukraine's reach, precision, and determination to reac...
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9 August, 2025
As the Trump-Putin summit prepares in Alaska, far from the reality of war, we affirm that no peace solution can be reached without Ukraine.For more than three years, Ukrainians have defended their freedom and their land in the face of brutal invasion. Their sovereignty and borders are enshrined in their Constitution. Giving up even the smallest piece of territory to an occupier will only encourage aggression and prolong war.We call on all international partners, including the United States, to support a just and lasting peace, a peace that respects international law, the rights of Ukrainians, and is not subject to Moscow’s blackmail.The war will end when Russia ends its aggression. We will continue to stand with the Ukrainian people until that
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