Economy News What Makes Russia’s Economy So Sanctions Resistant

Russia's Sechin says the West could face economic crisis due to sanctions

Igor Sechin, one of the most influential men in Russia's energy sector, said on Tuesday that sanctions imposed by the United States, European powers and their allies on Russia and China will trigger ... Read More

Sanctions' failure drives de-dollarization and Russia's advanced evasion network

OANDA reports that Western sanctions on Russia have failed to collapse its economy, leading to de-dollarization and advanced evasion tactics by Russia. Read More

As the U.S. Imposes Oil Sanctions, How Vulnerable Is Russia's Economy?

New U.S. sanctions on Russia's two biggest oil companies threaten to hit the country’s economy at a precarious time. Russian manufacturing is declining, consumer demand is weakening and inflation ... Read More

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

U.S. sanctions on Russia’s largest oil producers, Lukoil and Rosneft, have kicked in and are starting to test Moscow’s ability to sell crude, its economic lifeblood. Read More

U.S. Oil Sanctions Strike at Russia’s Economic Lifeline

BRUSSELS—The U.S.’s new sanctions hit at the core of Russia’s faltering war economy and drew a swift rebuke from President Vladimir Putin, who acknowledged the potential impact on his country. On ... 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

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