Putin admits drone damage at St. Petersburg forum and offers Anchorage compromise
During the St. Petersburg International Economic Forum on June 4, 2026, President Vladimir Putin acknowledged that Ukrainian drone strikes have successfully targeted sensitive infrastructure, including a St. Petersburg oil terminal. Putin stated that Russia is open to a conflict compromise based on understandings reached at a prior summit with U.S. President Donald Trump in Anchorage. He simultaneously dismissed European Union mediation efforts, arguing that EU member states lack the necessary neutrality to facilitate a peace settlement.