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Forbes estimates Russia's Dec. 5 missile strikes cost $400-500 million

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Forbes estimates Russia's Dec. 5 missile strikes cost $400-500 million

Russia fired 38 Kh-101 and Kh-555 air-launched cruise missiles, as well as 22 sea-launched Kalibrs and nine assorted air-launched missiles across Ukraine on Dec. 5, with a total value of $400-500 million, according to Forbes Ukraine.

Ukraine’s Air Force reported that Moscow had fired over 70 cruise missiles during its sixth mass attack on Ukraine’s energy system on Dec. 5. Ukraine shot down over 60 of them, according to the military. However, the strike killed at least four people and caused emergency blackouts across the country.

Russia began its campaign targeting Ukraine’s energy infrastructure on Oct. 10. So far, Russia has launched six large-scale attacks on Ukraine – on Oct. 10, Oct. 17, Oct. 31, Nov. 15, Nov. 23, and Dec. 5. The previous attacks have killed dozens of civilians in total and caused power and water outages across the country.

In late November, Forbes Ukraine estimated that Russia has spent $82 billion on war with Ukraine since Feb. 24, which is a quarter of its annual budget.

Ukraine war latest: Russia’s 6th mass attack on Ukraine’s energy system kills 4 people, causes emergency blackouts
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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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