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Putin: Ukrainian Attacks Hit 1% GDP
Russian President Vladimir Putin announced that Ukrainian attacks targeted Russian infrastructure for 40 days, resulting in losses estimated at around 1% of Russia's GDP. Approximately 100 Russian vessels were damaged in the assaults, which included attacks on oil refineries and ports, leading to a decline in oil exports to 3.46 million barrels per day over four weeks. The attacks also caused the shutdown of three of the largest Black Sea grain terminals and created logistical challenges for shipping and export, with Moscow emphasizing its capability to respond to Ukrainian drone threats.
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