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Kyiv School of Economics: Russian invasion of Ukraine has caused direct damages worth over $114 billion.

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According to the KSE, the total cost of damages to infrastructure has reached $114.5 billion, requiring at least $197.8 billion for the recovery.

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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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Seaborne crude flows averaged 3.12 million barrels a day over the four weeks to July 6, a 3% decline from the previous period ending June 29, according to tanker-tracking data compiled by Bloomberg. That's the lowest level recorded since the four-week period ending Feb. 23.

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