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Russian President Vladimir Putin in Saint Petersburg, Russia, on April 27, 2026.
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Putin faces rising tensions as Russian economy weakens

by Toby Woodall

The Russian economy is losing momentum as the cost of the war mounts — sowing discord at the highest levels of the state and posing growing problems for President Vladimir Putin. After four years of proudly insisting that Russia could withstand sanctions imposed by the West in response to its full-scale invasion of Ukraine, the Kremlin is now confronting the reality that the war economy that initially spurred growth is increasingly straining the system. Meanwhile, there is a growing sense that

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Ukraine war latest: Russia's Syzran oil refinery halts operations following May 21 Ukrainian drone strike

Key developments on May 26: * Syzran oil refinery halts operation after May 21 Ukrainian drone strike, Ukraine's General Staff reports * Ukraine using 'secret' strike drones to devastate Russian logistics on crucial highway, Nemesis Brigade says * 'Russia's true attitude' — Iskander missile strike damages UN humanitarian warehouse in Dnipro * Lavrov warns Rubio of planned strikes on Kyiv's 'decision-making centers,' urges US embassy evacuation as EU vows to stay * Russian attacks kill 8, i

About Russia

The Kyiv Independent’s coverage of news on Russia. Spanning eleven time zones across Eastern Europe and Asia, Russia has an estimated population of 146 million people. Russia’s capital city is Moscow, which is home to almost one in 10 Russians. Russia’s official currency is the Russian Ruble.

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