Economy News U S Sanctions Haven T Actually Hurt Russia S Economy Much Will New Ones Work
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Trump blocks Russia's top oil giants in largest U.S. sanctions
President Trump has imposed significant U.S. oil sanctions by targeting Russia’s two largest oil companies, marking a notable shift in his administration’s stance toward President Putin amid ongoing ... 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
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
Russia’s War Economy Is Quietly Cracking – and Putin Knows It
Key Points and Summary - 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 ... 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
How Oil Reveals The Cracks In Russia’s War Economy
Though Russia's war machine is slipping, the proposed peace plan by the United States does not take advantage of the economic pressure on Moscow, asking Ukraine to make several concessions. (Photo by ... 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
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
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
Ukraine’s Oil Strikes Are Hurting Russia’s War Economy
Ukraine’s deep-strike drones have hit half of Russia’s major oil and gas facilities, reducing refining capacity and fueling domestic fuel shortages. New long-range systems like the Lyutiy drone and ... Read More
Russia’s slowing wartime economy pushes Kremlin to increase taxes and fees
After two years of robust growth fueled by military spending on the war in Ukraine, Russia’s economy is slowing. Oil revenues are down, the budget deficit is up and defense spending has leveled off. Read More
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