Ukraine’s drone strikes set a gloomy tone for Putin’s economic showcase
Summary
A Ukrainian drone strike set fire to an oil terminal and hit a naval base near St. Petersburg, Russia, just before President Vladimir Putin’s economic forum in his hometown. The attack showed Ukraine’s growing ability to hit deep inside Russia and highlighted security concerns in a key Russian city.Key Facts
- Ukrainian drones struck an oil terminal and a naval base near St. Petersburg on June 3, 2026.
- The drone attack caused a large fire and black smoke visible over the city.
- St. Petersburg’s airport delayed or diverted many flights after the attack.
- Authorities cut cellphone internet service in St. Petersburg to reduce the risk of more drone strikes.
- President Putin’s economic forum in St. Petersburg aims to promote Russia’s economic progress and attract foreign investment.
- Western officials and business leaders largely boycotted the forum due to Russia’s war in Ukraine.
- Leaders from Saudi Arabia, Uzbekistan, Tanzania, and China attended the event.
- Russia’s economy faces difficulties, with rising taxes and borrowing after initial military spending boosts.
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