Economy News U S Sanctions Haven T Actually Hurt Russia S Economy Much Will New Ones Work

Russia’s War Economy Is Quietly Cracking – and Putin Knows It

Russia’s war economy is starting to show strain. As Ukraine’s drones hit targets deep inside Russia, the Kremlin is scrambling to plug mounting fiscal gaps with VAT hikes, new excise taxes and ... Read More

Explainer: Why Russia’s nuclear industry has escaped major sanctions

Since the start of its full-scale invasion of Ukraine, Russia has repeatedly threatened the use of atomic weapons, yet its much-prized nuclear industry has faced little in the way of meaningful ... Read More

U.S. Sanctions Strand a Third of Russia’s Crude Exports at Sea

Nearly a third of Russia’s current seaborne oil export potential is now stuck in tankers as the U.S. sanctions upend crude flows and Russia’s top buyers, China and India, are still struggling to ... Read More

Sanctions have choked Russia's oil industry, a key source of Kremlin funds, U.S. Treasury finds

A Treasury Department analysis indicates that new U.S. sanctions on Russian oil producers have sent prices there tumbling, choking off a key revenue source that Russia has used to fund its war in ... Read More

China’s oil stockpiling cushions market as U.S. sanctions hit Russian crude

China has been rapidly expanding its oil reserves in 2025, a buildup that could help shield its economy from new U.S. sanctions on Russian energy exports and tighten global supply, The Wall Street ... Read More

US’s tougher Russian sanctions

The ruble’s pricing and oil options’ volatility suggest the crude market isn’t anxious about oil supply disruption in the long term following US sanctions on Russia’s biggest oil companies, as the ... Read More

Trump’s Sanctions on Russia Are Serious—Enforcement Will Decide Whether They Work

President Trump’s new sanctions finally target the heart of Russia’s war machine, but only aggressive, disciplined enforcement will decide whether they actually bite. The White House finally hit the ... Read More

Russia's oil revenues plunge just as US sanctions hit when Moscow can least afford it

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Explainer: How US sanctions on Russian oil majors will impact the rouble and economy

MOSCOW, Nov 21 (Reuters) - Here is a look at how U.S. sanctions on Russian oil firms Rosneft and Lukoil, which take effect at 1701 GMT on Friday, may affect the Russian foreign currency market. Ahead ... Read More

Houston Oil Giant SLB Still Enabling Russian Oil Production Despite U.S. Sanctions

The SLB headquarters in Houston, Texas, US, on Tuesday, April 2, 2024. SLB agreed to acquire rival oilfield service provider ChampionX Corp. for $7.8 billion in an all-stock deal, a move that will ... Read More

Serbia's Russia-owned oil refinery faces shutdown as US sanctions bite, president says

US sanctions hurt Serbia's NIS refinery operations Serbia faces supply issues, economic hit from sanctions Washington demands Russian divestment from NIS within three months BELGRADE, Nov 25 (Reuters) ... Read More