Kyrylo Budanov, Head of Defence Intelligence of Ukraine (DIU), believes that Ukrainian strikes on Russian oil refineries have prompted larger harm to Russia's financial system than any worldwide sanctions.
Supply: Budanov on the Kyiv Worldwide Financial Discussion board on 16 October, as reported by Suspilne, a Ukrainian public broadcaster
Quote: "The truth is, our strikes have had a larger impression than the sanctions. That's simply mathematical fact. We have now inflicted much more direct harm to the Russian Federation's income than any financial measures imposed up to now."
Particulars: Budanov emphasised {that a} vital share of the strikes on Russian refineries have been carried out utilizing domestically produced munitions. "We’re working largely with our personal means – 99% of them are ours. We now have our personal manufacturing. After all, we all the time need extra, but it surely exists. It's our home manufacturing that has allowed us to make use of our forces and means in the best way we see match. And in the end, it delivers outcomes," he mentioned.
He added that the present sanctions strain on Russia stays inadequate. "That's additionally an disagreeable fact as a result of it leads us to the conclusion that it's clearly not sufficient. I imply the sanctions strain – it's inadequate. And if issues proceed as they’re, it received't have sufficient impression to alter the worldview of the Russian Federation," Budanov famous.
He additionally said that Russia nonetheless has sufficient "resilience" to proceed the conflict for "fairly a very long time," including that its present financial difficulties haven’t but reached a crucial stage.
On the identical time, the intelligence chief identified that "no extended conflict has ever benefited any nation's financial system", so the concept that Russia is discovering it more and more troublesome "is, in precept, inherently right".
Background: On 15 October, Budanov mentioned at a briefing that Russia would have already misplaced the conflict if not for the assist of its allies.
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