Video Transcript

• Ukraine’s Attacks on Russian Primary Assets and Infrastructure are Succeeding

  Ukraine has had tremendous success in attacking oil depots, refineries and Russian infrastructure. And so this has caused lots of problems for Russia, whether it's in terms of exports of oil and gas. and also it has had tremendous negative impact on Russia's ability to defend the homeland. And in the aftermath of this Crocus bombing, the increased attacks from Ukraine really exposes the vulnerabilities of the Russian Federation.

  The problems are, one, a decrease in the number of exports of oil and gas. But two, I think it has a psychological impact on Russia, because the Russians really haven't been engaged in the war in the homeland. And the fact that Ukraine, for a very small price of a drone, can attack significant infrastructure in Russia, again exposed Russia's vulnerability and attacks its main asset in terms of oil and gas.

  Russia has stopped exports of gasoline, because they need it for domestic purposes. So, again, in a country that has relied on being an energy superpower, the fact that Russia can no longer export oil, gas or has to be concerned about domestic prices, that is a new ballgame for the Russian Federation.

  At very limited costs, Ukraine has attacked the Black Sea Fleet, basically destroying 30% of the ships and the Black Sea Fleet. And the whole notion that the Black Sea Fleet is vulnerable belies all of what Russia has done for the last 30 years.