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

Could U.S. Sanctions Finally Cripple Russia’s War Economy?

The U.S., EU, and U.K. imposed sweeping sanctions on Rosneft, LUKoil, and Gazpromneft to target Moscow’s oil revenues. Analysts say the short-term effects will be limited as Russia shifts exports to ... 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

US’s tougher Russian sanctions

The ruble’s pricing and oil options’ volatility indicate the crude market expects limited long-term disruption from U.S. sanctions on Russia’s top oil firms, with Indian and Chinese sales mostly ... Read More

How fragmented sanctions prolong the war and empower Russia’s defense industry

Nearly four years into Russia’s full-scale invasion of Ukraine, its military-industrial complex continues to function almost undisturbed. Despite multiple rounds of sanctions and export controls, ... Read More

Oil prices jumped this week — and now U.S. consumers may be the ones to feel the pain from Trump’s Russia sanctions

Oil prices this past week marked their biggest weekly gain since June, as new U.S. sanctions on Russia’s two largest crude producers triggered the rally — raising the potential for tighter global ... Read More

Sanctions have choked Russia's oil industry, a key source of Kremlin funds, 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

The U.S. and Europe Are Trying New Ways to Pressure Russia

For the first time in his second term, President Trump is imposing new sanctions, but they may not shift the course of Russia’s war in Ukraine. By Neil MacFarquhar President Trump has long threatened ... Read More

The Great Sanctions Hack: Why economic sanctions don’t work the way we expect

Former RBI governor Urjit Patel's new book says economic sanctions are growing at an alarming rate. He also shows how they have the power to alter geopolitics. Read More

How Trump’s Attack on Russia’s Economy Is Ricocheting Through Oil Markets

President Trump’s turn against Russia’s economy is ripping through oil markets. The price of Russian oil is trading at its biggest discount to Brent since 2023. Ships laden with sanctioned crude are ... 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

Why Trump’s ‘Groundbreaking’ Russia Sanctions May Not Deliver Knockout Blow

President Donald Trump’s sanctioning of two Russian oil giants was dubbed a “groundbreaking move” by Russian President Vladimir Putin’s former deputy energy minister but the U.S. president needs to go ... Read More