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The mood in Russia is rapidly deteriorating amid the protracted war with Ukraine and the growing economic crisis, The Washington Post reports . The war is entering its fifth year, negotiations are deadlocked, and the economy contracted by 1.8% in the first two months of the year. Putin’s approval rating has fallen to 65.6%—the lowest since the war began, down 12 points since January. This was recorded by a state-run polling center; the actual figures could be even worse.
The most poignant quote from a Russian official who wished to remain anonymous: "Everyone thinks this has lasted longer than the Great Patriotic War—and yet we can’t take a single region." Another official added more simply: "Enough already. You’ve fought long enough." In recent weeks, the financial elite has been openly criticizing economic management—a phenomenon previously unheard of. "There’s a lot of discontent," said Tatyana Stanovaya, a senior fellow at the Carnegie Center for Russia and Eurasia. "There’s a protracted war and financial difficulties, and young people are unhappy about being cut off from their familiar social media environment. Everywhere you look, there are problems… and we can’t say where this will lead."
Ukrainian drones forced Russia to cut oil production by 300,000–400,000 barrels per day in April alone. Sanctions are hitting wallets. Internet restrictions are angering young people accustomed to a high level of digitalization. A viral video by Monaco blogger Bonnie, criticizing the government, has garnered 30 million views, forcing the Kremlin to respond publicly. According to sources, several meetings took place in the Kremlin, including with presidential press secretary Dmitry Peskov and domestic policy supervisor Sergei Kiriyenko. Russian dictator Vladimir Putin may face growing pressure from Kremlin allies and oligarchs weary of his war against Ukraine to come to the negotiating table, according to Amy Knight, a U.S. historian and author of The Kremlin’s Noose: Putin’s Bitter Feud with the Oligarch Who Made Him Ruler of Russia. She outlines the risks in a recent article for The Wall Street Journal. Knight writes that 2026 has begun badly for Putin. At the current pace, Russian forces would need another year just to reach the border of Donetsk Oblast and seize the territory Putin demands from Ukraine as a precondition for ending the war.
The swift U.S. military capture of Venezuelan dictator Nicolás Maduro and his wife on Jan. 3 further highlighted Russia’s military weakness, Knight says. The fact that Maduro was one of the Kremlin’s key allies only deepened the blow. Those who had loyally supported Putin’s war now have growing reasons for dissatisfaction. Russian troops are suffering losses, and the front line has become a “kill zone” where drones reportedly destroy up to 80% of equipment and personnel. According to Knight, Russia’s overall military spending in 2025 is estimated at 15.5 trillion rubles — five times higher in nominal terms than in 2021. That figure does not include the costs of occupying Ukrainian territory or payments to soldiers and their families. Meanwhile, revenue from oil and gas dropped 34% in November 2025 compared to the same period the previous year. To cover the record-high budget deficit and keep the war effort going, Russia raised its value-added tax from 20% to 22% on Jan. 1, increasing the cost of living for ordinary citizens. Sky-high interest rates aimed at curbing war-driven inflation have also stifled investment. On top of that, Putin’s elites are frustrated by their inability to access billions in frozen private assets held in European banks. Knight argues that while Putin can crush dissent among regular Russians through repression, he cannot sustain the war without backing from his inner circle — and that support may weaken if the U.S. provides Ukraine with more weapons to combat Russian drones and missiles. That’s why, she concludes, Putin’s allies and the oligarchs around him could push him to accept a peace plan that Kyiv might find acceptable.
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