Kremlin-linked state bank warns Russia faces potential loss in war of attrition

A top Russian state bank has reportedly issued a forecast suggesting that Russia could lose the ongoing conflict if it remains a prolonged war of attrition. The assessment highlights growing concerns within the Russian financial and political elite regarding the long-term economic sustainability of the war effort. This internal warning contrasts with official Kremlin rhetoric and points to increasing pressure from Western sanctions and the high costs of military mobilization.

Date: August 16, 2026

Location: Moscow, Russia

Conflict: Russia-Ukraine War

Category: other

Severity: MEDIUM

Source: RBC-Ukraine

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