By Vladimir Isachenkov

Russian President Vladimir Putin on Friday hailed the military's performance during recent Arctic drills, part of Moscow's efforts to expand its presence in the polar region.

Navy chief Adm. Nikolai Yevmenov reported to Putin that the exercise has featured three nuclear submarines simultaneously breaking through Arctic Ice, and warplanes flying over the North Pole.

This week’s drills were conducted around Alexandra Land, an island that is part of the Franz Josef Land archipelago where the military has recently built a base.

Russia has prioritized beefing up its military presence in the Arctic region, which is believed to hold up to one-quarter of the Earth’s undiscovered oil and gas. Putin in the past has cited estimates that put the value of Arctic mineral riches at $30 trillion.

Russia, the United States, Canada, Denmark and Norway all have been trying to assert jurisdiction over parts of the Arctic, as shrinking polar ice opens new opportunities for tapping resources and opening new shipping lanes.

As part of its efforts to project its power over the Arctic, the Russian military has rebuilt and expanded numerous facilities across the polar region in recent years, revamping runways and deploying additional surveillance and air defense assets.

As part of this week's maneuvers, a pair of MiG-31 fighters flew over the North Pole, Yevmenov said. A Defense Ministry video featured them being refueled by a tanker plane.

The video also showed three nuclear submarines that smashed through the Arctic ice next to one another.

Putin noted that the exercise was unprecedented for the military and praised its skills. He added that the maneuvers also have proven the reliability of Russian weapons in polar conditions.

“I order to continue Arctic expeditions and research in the Far North to help ensure Russia's security,” Putin told the navy chief.

The Russian military has expanded the number and the scope of its war games amid bitter tensions in ties with the West, which have sunk to post-Cold War lows after Russia’s 2014 annexation of Ukraine’s Crimea.

Share:
More In Politics
House Passes Gun Reform Legislation, But Will It Pass In The Senate?
The House has passed some of the most aggressive gun-control measures in years, including raising the minimum age to buy semi-automatic rifles from 18 to 21 and banning high-capacity magazines. Daniel Webster, Co-Director of the Center for Gun Violence Solutions, explains why this legislation has little chance to pass in the Senate, and what else can be done to curb gun violence in this country.
Hot summer could lead to rolling blackouts
We are already starting to feel the effects of summer. Heat waves in Texas and California are already sending temperatures soaring. That could spell trouble for the nation's power supply. there are new concerns about outages in many areas of the country. Cheddar's Shannon Lanier explains the two main causes of blackouts, and what states are doing to keep the lights on and the air conditioning running.
U.S. traffic deaths hit 16 year high
If you have been on the road this past year, you've probably seen more accidents on the road than you ever have. You're not wrong. Traffic fatalities are not only increasing they are hitting historic highs. Almost 43,000 people died in motor vehicle accidents in 2021. Cheddar's Shannon Lanier investigates - and finds out why.
U.S. Stocks Closed at Session Highs Tuesday
U.S. stocks close Tuesday at session highs after a subpar start to the trading day. Tim Chubb, Chief Investment Officer at the wealth advisory firm, Girard, joins Cheddar News' Closing Bell to discuss. 'We're starting to see the moderation of three core things -- we've seen the moderation of prices, we've seen the moderation of wage growth we've seen in the labor market, and we've also seen a moderation of job openings,' he says.
Post-covid payrolls show new labor market norms
A lot has changed since the pandemic began back in march 2020. COVID-19 caused a huge disruption in the U.S. labor force that is just beginning to normalize. As of last month, about 96% of jobs lost in the pandemic have returned. Still, where people work now looks very different from two years ago. Cheddar's Shannon Lanier looks at where the jobs are now and where they aren't.
Senators Introduce Bipartisan Bill for Crypto Regulation
Michelle Bond, CEO of the Association for Digital Asset Markets, joins Closing Bell, where she breaks down the Responsible Financial Innovation Act, which would not only establish a regulatory structure for digital assets, but hand over crypto oversight to the CFTC instead of the SEC.
Load More