Russia Faces Serious Economic Difficulties Due to War: The Washington Post

Russia is facing serious economic difficulties due to the ongoing war in Ukraine, and the situation could significantly worsen by 2026, reports The Washington Post.

The publication notes that despite the statements made by U.S. President Donald Trump claiming that Russia supposedly maintains advantages in its war against Ukraine, the country's economic condition tells a different story.

It is reported that Russian President Vladimir Putin has spent a considerable portion of monetary reserves and borrowed funds that previously provided for military expenditures, while new financial challenges lie ahead.

The new stringent U.S. sanctions targeting Russia's oil sector are increasing budget deficits and creating additional risks for the financial system. The restrictions apply to major companies, including Rosneft and Lukoil, forcing Moscow to offer discounts exceeding $20 per barrel of oil.

Experts indicate that the oil and gas industry is sliding toward crisis, and these new measures are only accelerating that process. The Washington Post highlights that economists emphasize that 2026 could be the first year when the war will truly weigh heavily on the Russian economy.