🔥Trump’s war against Iran won’t save Russia. Ukraine made sure of it. 🧵 1/14

🔥Trump’s war against Iran won’t save Russia. Ukraine made sure of it. 🧵 1/14

🇺🇦📉🇷🇺 Many expected a Middle East war to help Russia through higher oil prices. Instead, gold — a major part of its reserves — has fallen, erasing ~$60B. Oil gains don’t cover it. Putin has already exhausted 91% of the annual budget deficit in just two months 2/14

🇺🇦📉🇷🇺 Selling the Last Reserves For the first time in 25 years, Putin has started selling central bank gold to plug the budget hole. At the same time, Russians are pulling money from banks — nearly $14B in January alone. Trust in the system is eroding fast. 3/14

🔥 Russians are withdrawing money from banks en masse. In January 2026 alone, nearly $14B (1.6T RUB) was pulled — one of the largest outflows since March 2022. Little returned to deposits. Trust is falling, and more people are holding cash. 4/14

🔥🇺🇦📉🇷🇺 Russian oil companies may declare force majeure: Baltic ports are paralyzed Loading docks at Ust-Luga were damaged/destroyed, creating long queues of tankers & wagons. Companies warned buyers they may not be able to fulfill contracts. 5/14

𝐀𝐧𝐧𝐚 𝐊𝐨𝐦𝐬𝐚 🇪🇺🇵🇱🇺🇦@Tweet4AnnaNAFO · Mar 26, 2026

🔥 Russia’s assets are burning. Ukraine did that. 👇 1/9

🇺🇦📉🇷🇺 Novatek halts operations at its Ust-Luga complex after the Ukrainian drone attack. The important gas condensate fractionation and hydrocracking facilities are disabled. This further disrupts Russia’s energy export infrastructure in the Baltic region. 6/14

🔥 Night-time riot at the Ust-Luga port The conflict erupted when workers were not allowed onto the site. Tensions boiled over into clashes with security, with an official car driving into the crowd. Internal chaos is growing amid the constant Ukrainian strikes. 7/14

🇺🇦📉🇷🇺 Russia Burning Cash Russia’s budget is unraveling fast. In just two months of 2026, the deficit hit ~$38B — nearly the full-year target of ~$42B. Oil and gas revenues are down 47% YoY. The Kremlin is burning reserves faster than expected, and the gap keeps widening. 8/14

🇺🇦📉🇷🇺 $800B Gone Putin’s invasion has already cost Russian businesses ~$800B. Oil giants took the biggest hit — Lukoil alone -$19.8B in foreign assets. The metallurgical sector is also collapsing: Magnitogorsk Iron & Steel Works has shut down nearly half its capacity. 9/14

🇺🇦📉🇷🇺 No Money Left The situation is so bad that medical workers in several regions are seeing salaries cut and bonuses cancelled due to budget shortfalls. Meanwhile, phone scammers are complaining about a 15-20% drop in victims — not better policing, just less to steal. 10/14

🔥🇺🇦📉🇷🇺 Russians are being warned their bank deposits could be blocked or seized. Officials hint the war may come at the expense of citizens’ savings — totaling ~$730B (67T rubles). 11/14

🇺🇦📉🇷🇺 Putin dodges billionaires' questions Putin skipped a meeting w/ Russian billionaires at a major business congress, avoiding questions on the economy. At the same time, he is pressuring oligarchs to donate more money as the cost of the Ukraine war continues to soar. 12/14

🇺🇦📉🇷🇺 Yuan Shortage Hits Russia is also facing an acute shortage of yuan — its main trade lifeline. Trade settlements are becoming harder, and the flow of currency needed to bypass Western sanctions is tightening. 13/14

🔥Trump’s war w/ Iran may lift oil prices — but won’t save Russia. Strikes, sanctions, & economic pressure are converging. Russia is bleeding reserves, losing export capacity, & its economy is hollowing out. The war in Ukraine is draining it more than any crisis can offset 14/14

Sources powering this Russian oil rot thread: Bloomberg, Reuters, FT, The Moscow Times, Agenstvo, Kommersant, Le Grand Continent, Rosstat, Izvestia, Radio Svoboda, The Insider