Russia economy meltdown for Putin as refinery goes up in flames | World | News

Vladimir Putin is facing one of the worst weeks of the four-year war after Ukraine launched new missile and drone attacks on Russia overnight.

The giant explosives factory JSC Promsintez in Chapayevsk in the Samara region went up in flames after a reported attack by a Kiev-made long-range Flamingo cruise missile. The factory, 550 miles from the nearest Ukrainian-controlled area, is vital to Russia’s war effort. Separately, a group of drones attacked and set fire to the Novo-Yaroslavsky Refinery in Yaroslavl. The crashed drone killed a child and injured his family. Another facility in Cherepovets, AT Apatit, a major Russian producer of ammonium nitrate used in military explosives, was also hit. The latest blows come amid evidence that Ukraine’s previous major attacks on key Russian ports have crippled Putin’s ability to shore up his war chest from rising world oil prices due to the Iran conflict.

The Moscow regime was forced to ban gasoline exports “in order to stabilize prices and ensure priority supply to the domestic market.”

Gasoline pump prices increased by 11 percent this month.

The blame is attributed to Ukrainian precision attacks on the oil-exporting ports of Ust-Luga and Primorsk; Both of these attacks went up in flames this week after Putin’s air defenses failed to intercept Ukrainian drones, and are blamed on an attack on the second-largest oil refinery, Kirishi, before the Yaroslavl attack.

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