Live Conflict Ukraine-Russia War

Soldier30

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Episode of the rescue of a Russian Ural truck from an attack by a Ukrainian FPV drone. The video was filmed by Russian servicemen of the 3rd motorized rifle division in the Luhansk region, near the village of Melovatki. The drone is being fired at from small arms at a long distance. The drone was destroyed above the truck itself. Judging by the video, the truck was not damaged.

 

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A direct effect of the US tariffs is that trade with many countries is very likely to fall, denting the GDP of those exporting countries. An indirect effect is that world demand for crude may fall, resulting in the price of crude falling and Russia being forced to sell its crude at a lower price. That would make it more difficult for Russia to finance the war, increasing the pressure on Russia to reduce spending on the war.

In the 2025 budget defence spending was forecast to increase, not decrease so I think that Trump has unintentionally made it more difficult for Putin to continue the war.
 

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We publish archive footage of a Russian Su-34 fighter-bomber dropping bombs at an ultra-low altitude in Ukraine. Presumably, FAB-250 bombs were dropped. The location of the shooting is not reported. It is worth noting that low-altitude bombing is no longer used now, as bombs with UMPK have appeared. The launch of a Ukrainian air defense missile is visible after the plane, whether the plane was shot down is unknown, the video does not show. The FAB-250 aerial bomb can be dropped from a height of 50 meters.

 

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The Russian army has started using FPV drones of the Molniya type in Ukraine, equipped with an incendiary warhead. Technical information about the Molniya-1 UAV is in the link to the video in the comments to the video, there is no technical information yet about the Molniya-2 UAV. The video shows a Molniya- UAV strike on a temporary stay point of the Ukrainian army located in one of the buildings. The location of the shooting is not reported.

 

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The price of crude oil continues to tank. It's down about 3% in overnight trading and if the markets react the way we're expecting tomorrow, it might drop 5% in 25 hours, after plumeting sharply last week.

This is music to my ears. Russia doesn't care at all about it's people. They're more than happy to toss their men (young and old) into a wood chipper, in order to support Putin's expansionist desires. The number of fatalities endured by Russia will not bring an end to Russia's aggression, but you know what will? Oil prices. The Russians are already being stretched incredibly thin economically. Interest rates for borrowing money in Russia are in the range of 20%, and have been for some time. Inflation has continued to ravage the country and the people have lost tremendous buying power over the course of the war. The death knell would be oil prices crashing down near $50.00 per barrel, because Russian Urals would trade at a further $5.00-$10.00 discount to that, which would be a devastating blow to Russia's cash flow (especially it's foreign currency liquidity). In that scenario, Putin would basically be forced to negotiate an end to the war, or risk Russia falling off the cliff into a significant financial depression that could take years to recover from.
 

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Footage of a Ukrainian M113 armored personnel carrier running into a mine barrier near the settlement of Kondrashovka, in the Kupyansk direction. The mine barrier is made of three TM-62 mines. The M113 armored personnel carrier was developed in the USA in 1959 and was produced until 2007, a review is available on the channel. At the end of the video, there is an insert showing a Ukrainian T-64 tank running into mines near the settlement of Yampol, in the Krasnolimansk direction.

 

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West Texas crude below $60 dollars a barrel 0920 GMT 7th April.


That is below the EU price cap of $60 per barrel. I guess the EU needs to lower the price cap.

Countries know they can buy Russian crude at a discount to the world market price for crude. It will be interesting to see what price they can squeeze out of Russia now for its crude.
 

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Today Norway 🇳🇴 announced a new military aid package for Ukraine valued at $454 million usd. The entirety of the package is geared towards the purchase of artillery shells and ammunition. The breakdown is as follows:

- $363 million usd is earmarked for the purchase of 155mm and 152mm artillery shells via the Czech 🇨🇿 led initiative.

- $91 million usd is earmarked for the European Peave Fund to purchase artillery shells from 3rd party sources around the world.

 

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Russian Ural oil traded between $52-$53 per barrel today, dropping by more than $8 per barrel in a 3 day stretch. Why is this important?

The 2025 Russian budget was built on the expectation of $70 oil ($113 billion usd in government revenues), however, only 4 months into the year, oil prices have been underwhelming and as a result, Russia's budget defecits have grown substantially. Russian oil revenues fell by more than 17% year-over-year in the month of March, amounting to $12.8 billion usd in lost revenue.

Meanwhile, Russia's prime interest rate sits at 21%, with the Government being forced to pay back immense interest to borrow money. Corporate tax rate in Russia climbed to 25% to raise extra money for the ear effort. At the same time, Russia's 2024 interest rate was 9.54% and is on track to be 8%-9%, again, in 2025. The average Russian citizen will experience approximately 25% inflation over 3 years, with little wage growth and interest rates so high that borrowing money is next to impossible. Putin has truly fucked his people.

This is not sustainable for Russia over the medium term. If Ural oil prices stay considerably below $60 per barrel for any extensive period of time, the Russian budget defecit will grow out of hand and they'll have no choice but to reduce spending in order to avoid irreversible damage to their economy.



 
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Russian Ural oil traded between $52-$53 per barrel today, dropping by more than $8 per barrel in a 3 day stretch. Why is this important?

If oil continues to go down, the discount of Russion oil should also grow bigger, because if there is less demand for oil, importers can become picky. If there is a global recession and demand for oil goes down, guess which is the first oil to exit the market (or the one needing huge discounts to be able to still find buyers)?
 

Relic

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If oil continues to go down, the discount of Russion oil should also grow bigger, because if there is less demand for oil, importers can become picky. If there is a global recession and demand for oil goes down, guess which is the first oil to exit the market (or the one needing huge discounts to be able to still find buyers)?
The likes of China 🇨🇳 and India 🇮🇳 will continue to buy oil from Russia in order to keep the trading relationship strong. That said, we're heading into the summer months when natural gas is already cheap. There are plenty of countries that could squeeze Russia for their natural gas and force them to sell it near break even.

Here is the reality. Russia is planning for approximately $145 Billion usd to be spent on their military budget in 2025. At the same time, they had budgeted for $113 Billion usd in oil revenues ($70 usd ber barrel), which would have paid for the majority of the military budget. If those O&G revenues fall to $85-$90 Billion usd, a massive hole of approximately $26-$31 Billion usd is punched into a Russia defecit that is already being proped up by 21% interest rates (including for Federal borrowing) and 9%+ inflation.

The Russian people are going to leave this war even more broke than when they entered it and the Government's reserves of tangible assets such as foreign currency and gold will be significantly depleted, while the ruble continues to not be worth the paper it's printed on.

I highly doubt they'll agree to do it, but if the EU were to confiscate and liquidate the $300'ish Billion usd worth of Russian assets held in EU financial institutions, Russia would be exceptionally screwed. Ukraine would be able to meet their annual budget defecits for the next 5 years, with near infinite (relative to the timeframe) funds available to mass produce the military equipment, at scale, to ensure that the Russian war effort is soundly defeated.
 

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Footage of Russian FPV drones attacking a Ukrainian M1A1SA Abrams tank. The tank was used by the Ukrainian 47th Magura Brigade. The video was filmed in the Belgorod region of Russia, the tank was moving towards the village of Demidovka to support the evacuation of the wounded. Judging by the knocked-down track, the tank ran over a mine, after which it was attacked by Russian FPV drones. The M1A1SA Abrams tank is made in the USA, a review is available on the channel. To evacuate the Ukrainian M1A1SA Abrams tank, a BREM-1 left the Sumy region of Ukraine, which was also destroyed by Russian FPV drones

 

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Footage of the use in Ukraine of the Russian M-28NM helicopter, guided missile X-39 LMU, also called "Product 305". In this video, the missile was used against the Ukrainian army command post located in one of the houses. The second part of the video, the strike of the X-39 LMUR missile, against the support of the railway bridge over the Dnieper River. The Russian helicopter Ka-52M can also use X-39 missiles.

 

Relic

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Belgium 🇧🇪 announced a new military aid package for Ukraine today, valued at $1.1 Billion usd. The Belgians also announced that they'll continue contributing $1.1 Billion per year in military aid until the war is over. The full extent of the 2025 package has not yet been released, but it is known to include the following:

- 4 F-16 Fighter Jets
- Air Launched Munitions
- Artillery Shells (Via Czech Innitiave)
- Small Arms Ammunition
- Spare Parts
- Cash For Ukraine's Domestic Arms Industry


 

Relic

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Wow, oil down another 4% right now on fears of and American / Chinese trade war and an associated drop in oil demand globally. Ural oil is threatening to go below $50 per barrel.

If this continues, it's genuinely catastrophic for Russia's ability to fund this war in the medium / long term. Russia CANNOT spend $145 Billion usd per year on a war while floating 21% interest rates and 9% domestic inflation. They need every cent of the $113 Billion usd profit they expected from the oil revenues they budgeted at $70 per barrel. At $50 per barrel that revenue stream gets crushed and their debt skyrockets.
 

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Wow, oil down another 4% right now on fears of and American / Chinese trade war and an associated drop in oil demand globally. Ural oil is threatening to go below $50 per barrel.

If this continues, it's genuinely catastrophic for Russia's ability to fund this war in the medium / long term. Russia CANNOT spend $145 Billion usd per year on a war while floating 21% interest rates and 9% domestic inflation. They need every cent of the $113 Billion usd profit they expected from the oil revenues they budgeted at $70 per barrel. At $50 per barrel that revenue stream gets crushed and their debt skyrockets.
With high interest rates the profitability of Russian companies is falling. That means less corporation tax payable.

Listening to economist Konstantin, a Russian with contacts in Russia, he reports that 20% of Russia's road haulage companies have shut down. Is that because the business has transferred to rail? No - he reports that the tonnage shipped by rail has fallen for all sectors except fertilisers. Less goods being shipped signals reduced production to me. Has stagflation arrived in the non-military economy?

In the 2025 budget each barrel of Russian crude is expected to sell at an average price of 70 USD, generating revenues of 113 bn USD. Those revenues would drop by about 34 bn USD if Russian crude sold at an average price of 50 USD per barrel in 2025. Crude price is currently under 58 USD per barrel.
 

Relic

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With high interest rates the profitability of Russian companies is falling. That means less corporation tax payable.

Listening to economist Konstantin, a Russian with contacts in Russia, he reports that 20% of Russia's road haulage companies have shut down. Is that because the business has transferred to rail? No - he reports that the tonnage shipped by rail has fallen for all sectors except fertilisers. Less goods being shipped signals reduced production to me. Has stagflation arrived in the non-military economy?

In the 2025 budget each barrel of Russian crude is expected to sell at an average price of 70 USD, generating revenues of 113 bn USD. Those revenues would drop by about 34 bn USD if Russian crude sold at an average price of 50 USD per barrel in 2025. Crude price is currently under 58 USD per barrel.
And Russian Urals sell at about a $10 per barrel discount to WTI. It's essentially Russia getting squeezed by China and India because of Western sanctions on Russian oil. In practice, Russian Urals are basically around $50 per barrel right now, maybe slightly less in bulk purchases... If this continues for any extended period of time it's going to be an enormous blow to the Russian economy, especially it's foreign liquidity. Bond rates are going to be insane and inflation will be stupid high.
 

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A significant development that I've been tracking and have simply failed to write a long form post about in a while is Ukraine's incredible success in the development and production of the 2S22 Bohdana 2 howitzer. Production of the self-propelled model has now surpassed 20 units per month according to multiple sources, limited only by available chasis. Ukraine is now using 2 seperate chasis to support increased production.

What's more is that Ukraine has now launched production of a towed model as well, with a production target of 40 combined self-propelled and towed units per month. The Bohdana 2 seriously outranges all Russian conventional artillery with the exception of the limited number of Malva units they have in their inventories. 155mm artillery shells (which Bohdana 2 uses) are simply a better quality, longer range and more accurate munition than the 122mm and 152mm shells that the Russians.

Most important is the cost of production for the Bohdana 2. The self-propelled variant costs between $2.5-$2.8 million usd per unit. The towed version is expected to cost approximately $1.5 million usd per unit. Both of these figures are extremely impressive. The self-propelled model costs less than half of one French CAESAar howitzer and about 25% of a German Panzerhaubitze 2000. Lower labour and material costs in Ukraine drag down the price of production significantly, as does the lack of "export" markup attached to them due to the fact that they are domestically made.

How has Ukraine afforded to mass fund the development and subsequent production of the Bohdana 2? They haven't. The overwhelming majority of production funding comes from the "Danish model" in which Western countries that are low on military aid of their own to send Ukraine instead contribute funds to a pool that Denmark collects and uses to fund Ukrainian domestic defense products. The fund has received more than $7 Billion usd in known funding during 2024 and 2025, led my Denmark 🇩🇰, Norway 🇳🇴, Canada 🇨🇦, Sweden 🇸🇪, Iceland 🇮🇸, The Netherlands 🇳🇱 , Belgium 🇧🇪 Lithuania 🇱🇹 and grants from the European Union 🇪🇺.

The Bohdana 2 project has been such a success that Ukraine projects to be able to sustain approximately 75% of it's artillery losses with domestic production alone, a cost as little as $80-$90 million usd per month, which a a very small price for the countries contributing to the fund. Meanwhile, Ukraine will continue to receive CAEASAR from France, Panzerhaubitze 2000 and RCH-155 from Germany, Archer from Sweden, Zuzanna 2 from Slovakia and Dita from Czechia for the remainder of it's artillery needs, as well and undisclosed number of Soviet made howitzers countries such as Poland and Finland.
 

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Russia steps up offensive across the front line in Ukraine, in apparent defiance of Trump. What does it mean for the war?​




Analysis by Andrew Carey and Kosta Gak, CNN

7 minute read

Published 12:01 AM EDT, Wed April 9, 2025










Firefighters put out a fire following a Russian drone attack in Kharkiv, Ukraine on April 3.


Firefighters put out a fire following a Russian drone attack in Kharkiv, Ukraine on April 3.
Yevhen Titov/AP

London and Kyiv CNN —

Offensive operations by Russia’s army have increased across the front line, according to social media posts by Ukrainian officers, an analysis of information from the General Staff in Kyiv and soldiers speaking to CNN.

It is not yet clear if this is the start of a major spring offensive by Vladimir Putin’s forces, of which Ukraine has been warning for some time. However, it appears to suggest the Russian leader is unconcerned about upsetting US President Donald Trump, who will make up his mind “in a matter of weeks” if the Kremlin is serious about peace, Secretary of State Marco Rubio, said last week.

Where is the current fighting?​


For several months, some of the fiercest fighting has been taking place to the south of the town of Pokrovsk – a one-time key logistics hub for Ukraine’s armed forces in the Donetsk region.

Ukraine’s army has achieved several small tactical successes since the start of the year, pushing back some of the Russian advance towards Pokrovsk, which had bought it to within just a few kilometers of the town center.


But a Ukrainian reconnaissance officer deployed in the area told CNN that, over the last 10 days, Russia’s armed forces became more active again and were bringing forward further manpower and vehicles for future assaults.


“We see it on the drone footage, and we hear them talking about it on the radio intercepts,” said the officer, who CNN is not naming.


But with Pokrovsk itself heavily defended and the military supplies previously situated there largely relocated, Russia’s main effort in the area could be to push westward, rather than north.


Ukrainian artillery crew members manning a howitzer position at an undisclosed location on the Donetsk frontline on April 6.


Ukrainian artillery crew members manning a howitzer position at an undisclosed location on the Donetsk frontline on April 6.
Violeta Santos Moura/Reuters

Social media posts by Ukrainian soldiers in the last few days describe fears of possible encirclement in one location and breach of a defensive line in another.


“The frontline in this area has entered an active phase. The Russians will not stop,” one Ukrainian with the call-sign Muchnoi wrote on Telegram.


The aim of the advance is a town called Novopavlivka, he said.


“They will enter the Dnipropetrovsk region - this is one of the key tasks set by the Russian command.”


Moving into Dnipropetrovsk would be a significant moment because it would be the first time Russian troops have set foot there. Indeed, it would be the first new Ukrainian region to come under part-Russian occupation since the earlyweeks of the full-scale invasion more than three years ago.


The Ukrainian mapping service DeepState puts Putin’s forces just six kilometers (3.7 miles) away from the region while people living along the border are already being evacuated, Dnipropetrovsk officials say.


For Putin – and quite possibly American negotiators as well – any Russian control over a part of Dnipropetrovsk could be seen as a useful bargaining chip in a future negotiation.


Surges along the front line?​


Luhansk is Ukraine’s easternmost region and the one where Putin’s forces have most control – just a few pockets remain in Ukrainian hands. Here, too, Russian troops have made steady gains in recent weeks, particularly the north of the town of Lyman, a railway hub and rear support base for Ukraine’s troops.


“It’s hard, we need to work on stabilizing the front and methodically knocking out the enemy, otherwise the gangrene will spread,” one Ukrainian officer wrote on Telegram.


Data analysis by CNN of the combat engagements recorded by Ukraine’s General Staff shows an increase in Russian activity over the last two weeks along all parts of the front line. While CNN cannot confirm the numbers, and they are unlikely to be definitive, the data provides clear evidence of an upward shift from March 23 onwards.




Before that date, the average number of daily clashes in March had been around 140 (excluding an outlier on March 11). Since then, while tallies have fluctuated, the average has been around 180 clashes per day, an increase of about 30%.


The data includes the Kursk region in Russia, where Ukraine is now holding on to just a few villages along the border, after a slow but successful Russian rollback of Kyiv’s surprise gains last summer. The ground advances are also seeing Russia make inroads into Ukraine’s neighbouring Sumy region, creating small grey zones where neither side is in complete control.


Further complicating the picture along the northern border is Ukraine’s incursion into a slither of Russia’s Belgorod region, confirmed by Kyiv for the first time on Monday.


How are the Russians fighting?​


Ukrainian soldiers report a variety of Russian tactics in recent weeks.


In the south of Donetsk region, a Ukrainian officer with the call sign Alex described Russian troops moving forward in columns consisting of both armored and soft-skin vehicles– about four to five infantry fighting vehicles and tanks, while “the rest are trucks, cars and golf carts.”


He did not hide his scepticism at the prospects for major Russian advances if current maneuvers reveal a real shortage of armor.


“Yes, they have a lot of manpower, several times more than we do, but whatever one says, in a war in the 21st century, it is impossible to build on any successes and launch a rapid offensive without mechanized means of delivering and supporting infantry,” Alex wrote on Telegram.


Also writing on Telegram, Ukrainian commander Stanislav Buniatov said Russian forces there were suffering heavy losses but continued undeterred. “One unit in this area loses ten to 50 Russians per day,” he said.


A view of the abandoned town of Maryinka in the Donetsk region on April 1.


A view of the abandoned town of Maryinka in the Donetsk region on April 1.
AFP/Getty Images

Further west, close to the Dnipro River, where Russian forces last week gained control of the small settlement of Lobkove, a Ukrainian commander with a strike drone squad told CNN he was observing a build-up of manpower between 10-15 kilometers (6-9 miles) behind the line of contact.


“The Russians are operating in small tactical groups of five to seven men, maximum 10 people. As soon as it’s foggy or rainy, they start advancing using bad weather as cover from our drones.”


As spring progresses and the weather turns drier, tactics will change, the drone commander says.


“They can’t use heavy vehicles at the moment. It’s too wet, they will get stuck. As soon as the land dries up, they will make a move; it’s not in doubt, they will charge for sure.”


Reality checks​


Despite the downbeat assessments, it is important to keep some perspective. The amount of territory Russia is capturing remains small. For instance, its forces southwest of Pokrovsk, bearing down on Dnipropetrovsk region, are only about 45 kilometers (28 miles) further advanced than they were one year ago.


In fact, Britain’s Ministry of Defence, in common with other analysts, assesses Russia’s rate of advance to have been in steady decline for six months, from about 730 square kilometers captured in November last year to just 143 last month.


Part of this may well be down to the challenges of warfighting in winter, though the US military’s senior commander in Europe, Gen. Christopher Cavoli, in an upbeat testimony to Congress last week, said Kyiv’s forces had “assumed very strong defensive positions,” and were “well dug in.”


“It is very hard to envision Ukraine collapsing and losing that conflict,” Cavoli concluded.


A Ukrainian gunner prepares to fire a howitzer towards Russian troops at an undisclosed location on the Donetsk frontline on April 6.


A Ukrainian gunner prepares to fire a howitzer towards Russian troops at an undisclosed location on the Donetsk frontline on April 6.
Violeta Santos Moura/Reuters

Even so, land warfare analyst Nick Reynolds, of the Royal United Services Institute in London, cautions against thinking that because Russia has not taken much territory, it is not achieving anything.


Russia’s territorial claims, he says, will not be achieved through military advance, tree line by tree line, village by village.


“The aim is attrition, and the goal is not immediate. The goal is to kill people, to destroy equipment, to suck in resources, to bankrupt the Ukrainian state and to break its will to fight.”


Even weak Russian offensives, he says, need some defense by Ukraine, which in turn allows for better mapping of Ukrainian defensive positions, providing targets for artillery or glide bomb attacks.


Prognosis​


Even in a best-case scenario, Europe’s stepped-up efforts to re-arm Ukraine, amid doubts over US military support, will likely take a few years to come to fruition. While Ukraine’s own defense industry has made great strides, it remains more economically dependent on its allies than Russia’s, analysts say.



US Secretary of State Marco Rubio, left, with US Ambassador to NATO Matthew Whitaker, speak to the press as part of the meeting of North Atlantic Treaty Organization (NATO) Ministers of Foreign Affairs at NATO's headquarters in Brussels on April 4.



Related article Rubio tells Russia the clock is ticking while allies doubt Putin wants peace in Ukraine


Under pressure from Washington, Ukrainian President Volodymyr Zelensky remains publicly committed to an end to the war, as long as any peace agreement is just and secure and does not allow Russia to resume fighting later.


For its part, the Kremlin says it wants peace too, but only if the “root causes” of the conflict are addressed, which in essence means Ukraine must fall back unequivocally into Moscow’s sphere of influence.


But Putin’s announcement last week of the largest conscription round in more than 10 years, and his stated ambition to build an army with 1.5 million active servicemen, along with an aerial onslaught that shows no signs of slowing, point more to a campaign of attrition than any intention to stop.


For fighters on the front lines, even high-ranking officers, peace talks mean little.


“Trust me, in my experience, when you are sitting there at the front, you don’t think about them. There is an order to follow and there is a desire to survive,” one told CNN.


Victoria Butenko contributed reporting.

 

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