The EU also targeted the Nord Stream pipelines between Russia and Germany to prevent Putin from generating any revenue from them in future, notably by discouraging would-be investors. Russian energy giant Rosneft’s refinery in India was hit as well.

Former Russian President Dmitry Medvedev on Friday predicted the Russian economy would withstand the European Union's latest sanctions package and said Moscow would intensify its strikes against Ukraine.

In June, Russia's Defense Ministry reported downing a total of 2,368 Ukrainian drones, with an average of almost 79 drones per day across the month. Thus far in July, the Defense Ministry said it has downed 1,533 Ukrainian drones, with a daily average of 90 drones.