Russian crude loadings at Novorossiysk hit zero as Ukrainian drone strikes intensify. Here’s what the export collapse means for Urals pricing and global supply. Russia’s seaborne...
Russia’s oil export machine is showing fresh strain, as Ukrainian strikes on critical loading infrastructure and a tightening sanctions net combine to push key export volumes...
The U.S. Senate passed a sweeping new sanctions bill on Friday, August 7, targeting Moscow’s energy revenues in what could become the most consequential piece of...
Russia’s oil and gas revenue fell 22% in the first eleven months of 2025, and the pressure has only intensified since the United States imposed primary...
Russia’s federal budget deficit hit 4.58 trillion rubles — roughly $58.8 billion, or 1.9% of GDP — in the first quarter of 2026 alone, already surpassing...
Gasoline shortages have begun appearing at filling stations in and around Moscow, a striking domestic symptom of strain in an economy the Kremlin has long held...
Most headlines on Russia’s economy in July 2026 focus on the latest sanctions package or oil price cap negotiation. The more important story is structural: the...
For months, the story of the global fuel market has been the Strait of Hormuz. Now there’s a second front, and it’s coming from a completely...
Russia’s federal budget collected less revenue in 2025 than originally planned for the first time since the pandemic, a shortfall that has pushed the Kremlin to...
Russia‘s two largest, US-sanctioned oil producers have clawed back control of the majority of the country’s crude export trade, restoring their combined share to 57% in...