Ukraine estimates $2.3B losses for Russia's oil sector in March due to long-range strikes – Zelensky

Russia's oil industry suffered at least $2.3 billion in losses in March 2026 as a result of Ukraine's long-range strikes, according to Ukrainian President Volodymyr Zelensky.

Zelensky said this in his nightly video address published on his website, Ukrinform reports.

"Unfortunately, there is another decision by the United States to ease oil sanctions. This decision will bring no real benefit to diplomacy – and every dollar from oil only encourages Russia to continue the war. But even with this money, they will not solve their problems. Our long-range sanctions continue to work – I am grateful to all our warriors for their precision," Zelensky said.

He added that in March alone, Russian oil losses from Ukrainian long-range capabilities are estimated at at least $2.3 billion.

"In just one month. We continue this work in April. I would like to especially recognize the 1st Separate Center of the Unmanned Systems Forces of the Armed Forces of Ukraine, the 98th Reconnaissance Center of the Special Operations Forces, the 19th Missile Brigade, the 360th Separate Coastal Missile Brigade, as well as our special services: the Security Service of Ukraine, intelligence, and everyone who is doing their best to reduce Russia's capabilities and to enhance our security – the security of Ukraine," he said.

He added that he had a conversation with Commander-in-Chief of the Ukrainian Armed Forces Oleksandr Syrskyi.

Photo: Office of the President of Ukraine