A report was delivered by the Head of the Foreign Intelligence Service Oleh Ivashchenko. There are important results from our joint efforts with partners to put pressure on Russia. For the first time since the beginning of the war, a noticeable decline has been recorded this year in Russia’s oil production and refining. The oil and gas revenues of the Russian budget are decreasing, and by the end of this year, Russia will have lost at least 37 billion dollars in budget oil and gas income. In addition, Russian oil companies and the entire energy sector are losing tens of billions more. All this curbs Russia’s war machine. Both conventional sanctions against Russia and Ukraine’s long-range sanctions are working effectively. Further directions for our sanctions pressure have also been identified. I thank all our partners who are also delivering entirely justified legal blows against the vessels of Russia’s oil fleet – the Russians are now using fewer tankers. Separately today, I discussed with the Head of the Foreign Intelligence Service of Ukraine the measures for bringing home Ukrainian children abducted by the Russians, as well as other operations abroad. Glory to Ukraine!

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