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Ukraine strikes St Petersburg oil terminal, naval base as Putin’s ‘Davos’ gets under way

June 3, 2026, 9:09 a.m. ET

Heavy smoke billows after Ukrainian drones hit infrastructure, according to local authorities, in St Petersburg, Russia June 3, 2026.

St. Petersburg, Russia ― Ukrainian drones hit an oil terminal in St. Petersburg and a warship in dry-dock at anearby naval base, hours before Vladimir Putin’s showcase economic forum got under way in the city, in a clearattempt to embarrass the Kremlin chief.

The attack on Putin’s home city, location of his own ‘Davos’ – a glitzy annual economic forum designed to attract foreign investment – comes as both sides dial up strikes against each other in their more than four-year-old war with no imminent end in sight.

The Kremlin said Russia would keep striking Ukraine systematically in response to such attacks, part of what it has described as a new “paradigm” in the conflict.

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