Economy News Russia S Wartime Economy Is Flush With Resources And Is Weathering Western Sanctions, European Economist Says

Cracks In Russia’s War Economy

After nearly four years of fiscal overreach caused by injecting trillions of rubles into the Russian economy, the Kremlin can no longer disguise its distress. Read More

Russia's war chest will run dry in two years? What's wrong with its economy and who keeps it afloat

Russia's GDP is falling, and with it, oil and gas revenues. Even military factories are already planning to cut staff. RBC-Ukraine analyzes whether the Russian economy is in decline, where Putin's ... Read More

How many more years of war Russia's economy can withstand: Expert forecast

The Russian economy will be able to finance the war against Ukraine at its current level of intensity for two more years, provided that China continues supporting it by purchasing its oil, according ... Read More

Russia’s ‘disposable-goods’ war economy is getting busier but poorer, and Trump’s new sanctions could trigger a recession, analysts say

Vladimir Putin’s wartime economy has been resilient in the face of Western sanctions triggered by his invasion of Ukraine, but it’s hitting a wall and U.S. pressure on the energy sector could cause a ... Read More

News Wrap: Europe follows U.S. lead and imposes new sanctions on Russia

In our news wrap Thursday, European officials followed Washington’s lead in approving economic measures aimed at pressuring Russia to end its war in Ukraine, Lithuania's president said Russian ... Read More

How the U.S.'s new sanctions on Russia could impact the war in Ukraine

The Trump administration has levied new sanctions against Russia, targeting the country's oil industry. NPR's Ayesha Rascoe speaks with journalist Stephanie Baker about the implications. The Trump ... Read More

Trump administration hits Russia's top oil firms with sanctions to stunt war funding, urges ceasefire

The Treasury Department under President Donald Trump sanctioned Russia’s two largest oil producers, Rosneft and Lukoil, on Wednesday, escalating pressure on the Kremlin to end its war in Ukraine. Read More

Russia's Lukoil Says It Plans to Sell International Assets Due to Western Sanctions

MOSCOW (Reuters) -Russia's second-largest oil producer, Lukoil, said on Monday it would sell its international assets following sanctions over Ukraine announced last week by the United States. The ... Read More

How Russia's shadow fleet of oil tankers evades western sanctions

The U.S. and other western countries have issued sanctions on Russian oil exports since 2022. The Planet Money team explains how the country's shadow fleet of aging oil tankers evades policing. We're ... Read More

Russia's top Indian oil buyer Reliance says it will abide by Western sanctions

NEW DELHI, Oct 24 (Reuters) - Reliance Industries Ltd (RELI.NS), opens new tab, the top Indian buyer of Russian oil, will abide by Western sanctions against Moscow while maintaining its relationship ... Read More

The Cracks in Russia’s War Economy

To sustain its war against Ukraine, Russia militarized its economy. Although—contrary to popular belief abroad—the Russian economy is not on a full wartime footing, the Kremlin has both splurged on ... Read More