Russia Wants Banks and Their Staff to Help Fight Ukrainian Drones

A fire engulfs a building following a Russian airstrike on a residential area in Kramatorsk, Donetsk region, eastern Ukraine, 25 May 2026, amid the Russian invasion.  EPA/MARIA SENOVILLA
A fire engulfs a building following a Russian airstrike on a residential area in Kramatorsk, Donetsk region, eastern Ukraine, 25 May 2026, amid the Russian invasion. EPA/MARIA SENOVILLA
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Russia Wants Banks and Their Staff to Help Fight Ukrainian Drones

A fire engulfs a building following a Russian airstrike on a residential area in Kramatorsk, Donetsk region, eastern Ukraine, 25 May 2026, amid the Russian invasion.  EPA/MARIA SENOVILLA
A fire engulfs a building following a Russian airstrike on a residential area in Kramatorsk, Donetsk region, eastern Ukraine, 25 May 2026, amid the Russian invasion. EPA/MARIA SENOVILLA

Russian bank staff and branches could be joining the fight against Ukrainian drone attacks under an ambitious plan approved by the country’s lower house of parliament.

The banks would bear the cost of installing electronic jamming systems on their premises while selected employees would shoot down incoming drones, according to the draft bill passed in its third and final reading Tuesday.

Since there are banks in almost every town, their incorporation in air defenses could help expand Russia’s cover.

The bill, which state news agency Interfax said was first presented last August and later expanded in scope, must still be approved by the upper house Federation Council and signed by President Vladimir Putin before coming into force, The AP news reported.

Russia is finding it hard to protect its large land mass from a growing number of attacks by increasingly sophisticated Ukrainian long-range drones. Smaller drones are also holding back Russian troops along the 1,250-kilometer (780-mile) front line and disrupting the supply lines of Russia’s invading army, Western analysts and officials say.

As the intensity and depth of Ukrainian drone attacks have increased, Russian authorities have encouraged businesses to contribute to protective measures against aerial strikes.

Russian banks are not known to have been a prime target for Ukrainian drones over the four years of war that followed Moscow's invasion. The plan encompasses Russia’s central bank and other top institutions, including majority state-owned Sberbank.

With little detail included in the bill, it has raised questions about how such a project would work. The widespread installation of equipment and training of staff in how to use it would require a huge organizational effort.

With Putin keen to shield Russians from the war, the plan could work against his efforts by involving regular citizens in it and making the consequences of the invasion more visible.

The proposed measure reflects growing problems for Russia against Ukraine’s increasingly sophisticated drones, according to Thomas Withington, a researcher at the Royal United Services Institute in London.

The draft bill “seems to indicate that ... military-level drone defense capabilities in Russia are failing, because if they were working you wouldn’t need to do that,” he told The Associated Press.

“This situation is not improving for Russia,” he said, noting that Moscow is battling to keep up with Ukrainian drone innovations.

The measure seeks to “try and offload some of the burden of drone protection to the non-military, non-law enforcement sectors,” which are under strain, he said.

Under the bill that passed in its second and third reading by the Duma, bank employees may jam or intercept drone control signals, and damage or destroy uncrewed aerial, underwater and ground vehicles threatening their facilities, without waiting for a response from security services.

“Jamming will be used to make it more difficult for (the drones) to target and attack the relevant targets,” Anatoly Aksakov, chairman of the State Duma Committee on Financial Markets, told Russian media outlet RBK. “Plus, we’ll also use means to shoot down these drones, thereby protecting the relevant targets.”

Each organization will determine which employees are authorized to deploy the measures.



US Hosts G20 'Energy Abundance' Talks amid Iran War Shock

The G20 meeting comes as oil and gas prices surge over the Middle East war, with Europe struggling to fill its gas storage facilities ahead of winter. Matthew Hatcher / AFP/File
The G20 meeting comes as oil and gas prices surge over the Middle East war, with Europe struggling to fill its gas storage facilities ahead of winter. Matthew Hatcher / AFP/File
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US Hosts G20 'Energy Abundance' Talks amid Iran War Shock

The G20 meeting comes as oil and gas prices surge over the Middle East war, with Europe struggling to fill its gas storage facilities ahead of winter. Matthew Hatcher / AFP/File
The G20 meeting comes as oil and gas prices surge over the Middle East war, with Europe struggling to fill its gas storage facilities ahead of winter. Matthew Hatcher / AFP/File

The United States on Monday kicks off a set of G20 meetings touting "energy abundance," even as President Donald Trump's war against Iran continues to disrupt global fuel markets.

The discussions are slated to run through Wednesday in Houston, in the oil-rich US state of Texas.

The meetings gather delegations from the world's largest economies -- including China, India, Japan and Germany -- with major oil producers set to attend, such as Canada and Saudi Arabia.

Russian diplomats indicated Saturday that Moscow would also send some officials.

The unexpected presence of Russian Finance Minister Anton Siluanov caused a stir at a previous G20 meeting two weeks ago.

Ukraine's European allies expressed disappointment in the US decision to invite Russia, which ran against efforts to exclude Moscow over the war on its neighbor.

The Houston meetings come as oil and gas prices surge over the Middle East war, with Europe struggling to fill its gas storage facilities ahead of winter.

One of Washington's stated priorities as G20 host is to expand access to affordable, reliable and secure energy, but supply has been dramatically impacted since the US and Israel attacked Iran in February.

Prices at the pump have skyrocketed in the United States, where the price of a gallon (3.78 liters) of diesel has hit a record high, and now runs an average $6.20, according to the American Automobile Association (AAA).

Regular gasoline is also 44 percent more expensive than it was before the war.

The unpopular war and its consequences have Trump's Republican Party fearing a defeat in the November midterm elections.

The US president has accused Iran of extending the conflict to hurt him politically, claiming recently that the war would end "immediately" after the election.

Trump also accused Ukrainian President Volodymyr Zelensky of causing a diesel shortage with strikes on Russian refineries.

US Energy Secretary Chris Wright, a key player in Washington's energy dealings with Venezuela, and Interior Secretary Doug Burgum are expected to attend the meetings in Houston.


How Iran’s Hard-Liners Blew Up a Peace Deal With Trump

A man drives next to a billboard of Iranian supreme leader Mojtaba Khamenei in a street in Tehran, Iran, 09 July 2026. EPA/ABEDIN TAHERKENAREH
A man drives next to a billboard of Iranian supreme leader Mojtaba Khamenei in a street in Tehran, Iran, 09 July 2026. EPA/ABEDIN TAHERKENAREH
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How Iran’s Hard-Liners Blew Up a Peace Deal With Trump

A man drives next to a billboard of Iranian supreme leader Mojtaba Khamenei in a street in Tehran, Iran, 09 July 2026. EPA/ABEDIN TAHERKENAREH
A man drives next to a billboard of Iranian supreme leader Mojtaba Khamenei in a street in Tehran, Iran, 09 July 2026. EPA/ABEDIN TAHERKENAREH

Attacks on ships in the Strait of Hormuz led by hardliners derailed a push by more moderate pragmatists in Iran to reach an end to hostilities with the United States and repair their nation’s ailing economy, The New York Times revealed on Sunday, citing regime insiders.

It said Iranian President Masoud Pezeshkian was riding high in early July, fresh off the successful negotiation of a peace agreement with the United States, and had traveled to neighboring Iraq for part of a weeklong funeral spectacle for Iran’s slain supreme leader.

Iranian forces had opened fire on three commercial ships in the Strait of Hormuz, setting ablaze a Qatari LNG tanker and damaging other vessels.

Outraged, Pezeshkian phoned General Ahmad Vahidi, the commander in chief of the Iranian Revolutionary Guards Corps, and in a raised voice called the actions reckless and demanded answers, according to five Iranian officials and two Guards members familiar with the events.

Vahidi told the president that he had neither authorized nor had advance knowledge of the strike, the five officials said.

The nation’s Supreme National Security Council, which plays a critical role in both the war and negotiations, had also been in the dark, he said.

In fact, much of the country’s leadership was unaware that a fringe hardline faction had decided to act on its own.

Pezeshkian immediately returned to Tehran. By the next morning, the US retaliated with strikes on Iran and the two countries were back at war.

The hard-liners succeeded in part because the only figure with the authority to resolve such disputes — the new supreme leader, Mojtaba Khamenei — has been a phantom since taking office in March.

He has not been seen, and his voice has not been heard. And the authenticity of written statements and messages attributed to Khamenei has been questioned, including by Pezeshkian, according to three Iranian officials.

Pezeshkian immediately returned to Tehran. By the next morning, the US had retaliated with airstrikes on Iran. The two countries were back at war.

Senior Iranian officials and a Guards member said in interviews that what followed were some of the most volatile political confrontations within Iran’s leadership in memory. Officials engaged in shouting matches. Two senior generals threatened to resign. Accusations of treason and betrayal flew.

The reverberations, officials said, contributed to a shake-up at the National Security Council and the supreme leader’s appointment of General Mohsen Rezaei, a seasoned politician and former commander in chief of the Guards, to lead the council, as he was thought to have the skill to mediate among political factions.

But the newspaper said divisions persisted and the hardliners who have committed Iran to escalation are in an even stronger position.

The New York Times account of the inner deliberations of Iran’s leadership is based on interviews with eight Iranian officials, three members of the Revolutionary Guards, four former officials and a review of dozens of speeches and comments by government officials and military generals from June to September published in the Iranian press and social media. The officials interviewed for this article spoke on the condition of anonymity to discuss delicate issues of national security.

Three Iranian officials said inquiries by the government and security forces traced the decision to strike the three commercial ships in July to the cleric Hossein Taeb, an influential spymaster who had opposed the peace deal with the United States from the outset.

Taeb had been telling the new supreme leader that Iran had made a mistake in ending the war and agreeing to the deal, they said.

Taeb, in a recent speech to military families, said that he was not opposed to talks but that “negotiations that ignore the rights of our people and concede to the excessive demands of the enemy have no place in Iran’s politics.”

Khamenei recently appointed Taeb as the head of the Basij militia, which is responsible for quelling domestic dissent. He had previously served for more than 20 years as chief for the Revolutionary Guards’ intelligence agency before the previous supreme leader ousted him in 2022 over failures such as Israeli infiltration of his rank and file, and a foiled plot in Türkiye.

Taeb re-emerged after that supreme leader, Ayatollah Ali Khamenei, was killed at the start of the war, and he played a key role in the selection of the son Mojtaba as the successor to his father, officials said at the time.

“The attack on the ships was orchestrated with the goal to blow up the memorandum of understanding with Trump and to kill the prospects of any future negotiations and deal,” Alireza Namvar Haghighi, an Iran expert and former official who still has close contacts in the government, said in an interview from Canada.

When Pezeshkian demanded to know who had struck the three ships, he was told that commanders in the field had acted on their own, in line with an order empowering them to attack any ship violating Iran’s control of the Strait without waiting for approval from central command, according to the officials with knowledge of these discussions.

In one sign of the dispute, the Guards’ Khatam al-Anbiya headquarters never issued a statement claiming responsibility for the July 7 attack, as has been routine in other attacks before and since.

Iranian officials relayed this same account to the United States and some of its regional allies in the immediate hours after the attacks, blaming rogue operators, according to US officials who briefed reporters at the time and the three Iranian officials.

On the streets and on state television in Iran, meanwhile, the hardliners openly attacked the negotiating team and its peace deal, and at nightly rallies, crowds chanted for a return to war.

The Iranian government has devised an official narrative deflecting blame for the collapse of the agreement, saying Washington violated it first by not stopping Israel’s attacks on the militant group Hezbollah in Lebanon, by withholding Iran’s frozen assets and by sneaking ships through a portion of the Strait of Hormuz not controlled by Iran. But few inside Iran’s political circles are convinced by this version, including Pezeshkian himself, five officials said.

Pezeshkian said publicly last month that every agreement sees violations and that they should be addressed through talks, not confrontation.

War Plan

For weeks, the political leaders and generals running Iran have debated two ways to break the stalemate with the United States, officials said.

Under one approach, Iran could seek to return to negotiations. Under the other, it would escalate attacks on American targets, aiming to strike naval vessels, kill American troops and raise global oil prices.

Both would aim to end the US naval blockade on Iran’s southern ports, which have paralyzed trade and brought oil sales down to zero, according to officials.

Iran’s economy is deteriorating, with the currency plunging daily, inflation soaring and the government facing a cash deficit.

Hardline generals, including Brigadier General Seyyed Majid Mousavi, who commands the Guards’ Aerospace Force, pressed for confrontation, officials and two Guards members said.

Pezeshkian and Speaker Mohammad Bagher Ghalibaf, who is also the top negotiator with the United States, were among the officials who warned that the war plan risked dragging the country into an abyss, with even fiercer US airstrikes and more crippling economic pressure.

But by last Saturday, the hardline faction had gained the upper hand. “The war between Iran and the United States,” said Mahdi Mohammadi, the top adviser to General Ghalibaf, “has entered the phase of escalation.”


More Than 30 Missing from Ferry that Sank in Vanuatu

In this photo taken with a smartphone, rescuers carry a survivor on a stretcher after a ferry sank in bad weather in the Java Sea, upon arrival at a port in Banjarmasin, South Kalimantan, Indonesia, Sunday, Sept. 13, 2026. (AP Photo/Iman Satria)
In this photo taken with a smartphone, rescuers carry a survivor on a stretcher after a ferry sank in bad weather in the Java Sea, upon arrival at a port in Banjarmasin, South Kalimantan, Indonesia, Sunday, Sept. 13, 2026. (AP Photo/Iman Satria)
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More Than 30 Missing from Ferry that Sank in Vanuatu

In this photo taken with a smartphone, rescuers carry a survivor on a stretcher after a ferry sank in bad weather in the Java Sea, upon arrival at a port in Banjarmasin, South Kalimantan, Indonesia, Sunday, Sept. 13, 2026. (AP Photo/Iman Satria)
In this photo taken with a smartphone, rescuers carry a survivor on a stretcher after a ferry sank in bad weather in the Java Sea, upon arrival at a port in Banjarmasin, South Kalimantan, Indonesia, Sunday, Sept. 13, 2026. (AP Photo/Iman Satria)

A search in waters off the Pacific Island nation of Vanuatu continued Monday for more than 30 people who officials said were missing after a passenger ferry sank.

The ferry MV Matui was traveling between the islands of Ambae and Santo with 47 people on board when it sank Friday, local news outlets reported.

Searchers in boats pulled 15 survivors from the water over the weekend, The Associated Press quoted a statement from the prime minister’s office as saying on Sunday.

One body was also recovered, according to the statement, while more than 30 people were still missing. The search would now focus on a coastline where currents might have carried survivors, rather than on open waters.

“This loss appears to be the result of strong winds and marine warnings not being heeded, and possibly of negligence including overloading of the vessel,” the statement said. The country’s meteorological service issued a marine warning for strong winds and high seas on the day the ferry sailed.

Vanuatu is an archipelago of 83 islands in the South Pacific Ocean, located about 1750 km (1090 miles) east of northern Australia.