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Ukraine's $588B Rebuild Amidst Russia's Shrinking Gas Revenue

2/24/2026

50 9 Full Breakdown

Summary

Story summary

Four years after Russia's invasion of Ukraine, the World Bank estimates Ukraine's reconstruction costs at $588 billion.
Russia's gas exports to Europe fell from 150 to 38 billion cubic meters, costing Russia about $40 billion annually.
The Kremlin's National Wealth Fund is depleting rapidly, with record withdrawals likely to exhaust it by year-end.
The United States maintains sanctions against Russian oil companies, disrupting exports.

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Story summary

Four years after Russia's invasion of Ukraine, the World Bank estimates Ukraine's reconstruction costs at $588 billion.
Russia's gas exports to Europe fell from 150 to 38 billion cubic meters, costing Russia about $40 billion annually.
The Kremlin's National Wealth Fund is depleting rapidly, with record withdrawals likely to exhaust it by year-end.
The United States maintains sanctions against Russian oil companies, disrupting exports.