Vladimir Putin says Russia will bolster air defences after Ukraine drone attacks

President Vladimir Putin has said Russia will strengthen its air defences to counter recent Ukrainian drone attacks, which have reached deep inside his country.

Speaking in response to a question from The Associated Press during a meeting with heads of international news agencies, Mr Putin acknowledged the damage from Ukrainian drone attacks, and vowed to bolster its air defences to respond to them.

The media session came on the sidelines of the St Petersburg International Economic Forum, his annual showcase for investment. Hours before the forum opened on Wednesday, a Ukrainian drone attack set ablaze an oil terminal in the city and also hit a naval base just outside Mr Putin’s home town.

Mr Putin also said that Russia is open for a compromise on Ukraine in line with understandings reached during his summit with US President Donald Trump in Anchorage, Alaska, adding that Ukraine needs to accept them to make a deal.

Mr Putin dismissed the idea that European Union countries could act as mediators in Russia-Ukraine peace talks, arguing that they were not neutral parties.

“Mediation assumes neutrality. Where is the neutrality here?” he asked.

He also stressed that potential third-party mediators needed to be trusted by both sides.

“How can Russia trust people who have been harping about the need to inflict a strategic defeat on Russia for years?” he said.

Mr Putin emphasised his push for control of the entire Donetsk region in eastern Ukraine, noting that Ukraine controls about 15% of its territory.

Mr Putin declared that “patriotism and will of the Russian people” will ensure the achievement of goals that Moscow set in Ukraine.

“Russian troops are advancing along the entire line of contact,” he said.

Wednesday’s drone attack hit the nearby Kronstadt naval base and an oil terminal, sending a massive large plume of black smoke above Russia’s second-largest city. It was another embarrassing blow to his efforts to minimise the impact of the four-year-old conflict and cast it as a distant event that does not affect Russian daily life.

It also underscored Ukraine’s growing ability to hit deep inside Russia and showed the vulnerability of its cities. Scores of flights were delayed or diverted at St Petersburg’s airport and authorities cut mobile phone internet service to try to prevent drone attacks.

Mr Putin had scaled down Russia’s annual Victory Day parade on May 9, fearing Ukrainian drone strikes. Days later, a massive drone attack on Moscow’s suburbs killed three and showed the capital’s vulnerability.

Kremlin spokesman Dmitry Peskov said Russia’s forces were putting pressure on Ukraine “to prevent such attacks”. He noted that “systematic” strikes on Kyiv that Russia threatened last week are under way.

On Tuesday, Russia hit Kyiv and other Ukrainian cities with hundreds of drones and dozens of missiles in deadly strikes.

Mr Putin has used the forum to showcase his country’s economic advances and encourage foreign investment. Often styled as the Russian version of the World Economic Forum in Davos, Switzerland, it usually draws tens of thousands of delegates from around the world.

While Western officials and business people have stayed away from the forum after Mr Putin sent troops into Ukraine in 2022, Russia has sought to attract more guests from other regions to underline its declared goal of promoting a “multipolar world”.

Saudi Arabia, which is a special guest this year, has sent a large delegation. The presidents of Uzbekistan and Tanzania and China’s vice president are also attending. A US official, Rodney Mims Cook Jr, head of the US Commission of Fine Arts, is attending for the first time in years.

Russia’s economic outlook has worsened as the initial boost from massive military spending has fizzled out. The government has raised taxes and increased domestic borrowing to keep its budget deficit under control.

Mr Putin is expected to minimise Russia’s economic problems in a speech on Friday.