Lucknow, India

Professor Michael Clarke on how the Ukraine war is hurting Russia's economy | This Is Why

Published 4 June 2026 · world

Moscow may have hit Ukraine with one of its biggest attacks of the war so far - but is it Russia’s economy that’s starting to

Moscow may have hit Ukraine with one of its biggest attacks of the war so far - but is it Russia’s economy that’s starting to crack? Businesses are closing while bills and taxes are on the rise – as the growing cost of the conflict is felt on the high street and in homes as much as the battlefield.

With his hometown under attack from Ukrainian drones, what does Vladimir Putin fear most - losses on the frontline, unrest over the struggling economy, or the possibility both could combine to threaten his control? Sky’s Ivor Bennett sends a snapshot from St Petersburg, while Niall Paterson is joined by our military analyst Professor Michael Clarke.

Have you got something you want the team to look into? Email the show – why@sky.uk Follow This is Why, available for free here Follow Niall on Follow

Niall on Like us on For more content go to and download our apps: Apple Android To enquire about licensing Sky News content, you can find more information here

Read full story on TheBriefWire

Loading…