Trump Grants Hungary Exemption on Russian Oil
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Russia's economy will not recover anytime soon from sweeping sanctions imposed by Western nations over its war in Ukraine, and could see further damage if those sanctions are expanded to hit energy exports,
In considering the many effects of the war in Ukraine on the Russian economy, few suspected that fuel shortages would be one of them. After all, Russia is an oil-rich country whose energy infrastructure is far from the frontlines;
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Russian Economy Faces Major Shake-Up
Russian Finance Minister Anton Siluanov said state assets would be privatized this year in a plan worth $1.2 billion.
The Centre for Research on Energy and Clean Air (CREA) said that the drop in India’s imports of Russian crude oil in September 2025 was largely led by government-controlled refiners, whose cargoes from Moscow fell to their lowest levels since May 2022.
MOSCOW (Reuters) -The Kremlin on Wednesday pushed back at U.S. President Donald Trump's warning that the Russian economy was going to collapse, saying that Russia had considerable reserves and was strong enough to allow President Vladimir Putin to achieve his goals.
The Russian economy is set to lose $44 billion to cyber crime in 2020, according to estimates published on Tuesday by Russian bank Sberbank , with the shift to online during the COVID-19 pandemic posing new challenges.
MOSCOW. Nov 6 (Interfax) - Russian markets are now monopolized to a greater degree since Western companies have left, creating a need for administrative mechanisms and quasi-market incentives to boost productivity, Economy Development Minister Maxim Reshetnikov said in his speech at the Productivity 360 forum.
After years of insulation from the effects of Vladimir Putin’s war, Russia’s economy is finally starting to take a hit.