Russia will read shops’ cash registers to police food prices it can’t tame
Unable to bring down food prices, Russia is building a system to watch them instead.
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Money Matters
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Ukraine shut a quarter of Russia’s grain exports—the world’s wheat money now flows to Russia’s competitors
Ukraine’s Azov campaign built a paradox: the world pays more for wheat because Russia cannot ship it—and the windfall flows to Russia’s competitors.
Russia offers farmers boiler fuel for tractors—Ukraine’s strikes wiped out clean diesel
Russia’s Agriculture Ministry is offering farms fuel 90 times dirtier than the diesel they bought last year—fuel that halves an engine’s life.
Why Russia is importing gasoline made from its own oil
To keep its pumps supplied, Moscow has written India’s gasoline price into its own tax code.
Russia’s port strikes leave Ukraine’s grain with almost nowhere else to go
Russia’s strikes have halted Ukraine’s deepwater grain exports—and there’s no way around the damage: one rail line carries almost all of it.
One Greek company keeps Russia’s Arctic gas moving—and Athens won’t let the EU touch it
Dynagas has carried more than 10 million tons of Russian LNG since 2025 across 144 voyages.
Russia’s fuel crisis has moved from the pump to the harvest
As the fuel crisis deepens, Russia’s regional governors are improvising. Ukrainian drones have driven the country’s oil refining…
How Ukraine came to build more weapons than it can fund
Its top defense-industry chief just resigned after a deadly blast at one of his company’s depots.
Russia plans to build 120 Banderol missiles in month. Analyst who found it in 2025 says weapon is “nothing outstanding”
Russia plans to build 120 Banderol cruise missiles a month, but the factory hasn't hit the target, says Ukrainian military adviser Serhii Beskrestnov.
Russia has the oil. It no longer has the gasoline—so Russians are learning to make their own
Ukraine’s drone campaign has cut Russian refining to its lowest level since March 2005—and the diesel Russia can no longer sell is driving world fuel prices to multiyear highs.
Russia stalled bankruptcy reform for six years—then passed it in two days
Russian companies owe more than the country produces in a year, and a reform frozen since 2020 was cleared by parliament in two days.
Russia risks losing part of its grain harvest as Ukraine’s refinery strikes dry up diesel
Farmers in the country's southern breadbasket face fuel limits, empty pumps, and price spikes at the exact moment combines need to roll, as Moscow continues its costly war against Ukraine.
Russia’s war economy is starving its own strategic projects
Russia’s top arms maker can’t afford to build its own garbage incinerators.
Swedish volunteers confronted Tesla over Russian aluminum at a Ukraine rally. Tesla still hasn’t replied.
A Swedish tech entrepreneur has spent months trying to get Tesla to confirm whether its Berlin factory has stopped sourcing aluminum from Rusal. Tesla hasn’t replied.
Ukraine’s reserves fell for four months. Oil eased for one, and they grew back.
The buffer that drained all spring just grew again. A new spike in oil prices says not for long.
From Karelia to Kamchatka: Russia rations fuel where drones strike and stockpiles it where they cannot
A drone campaign against refineries has Russians buying gasoline by QR code, license-plate number, and five-hour queue.
The energy superpower now rations fuel by QR code lottery
Governors negotiating jerry-can quotas. The assemblies voting not to convene. What the fuel crisis looks like from Samara, Pskov, Irkutsk, and Sevastopol.
Russia’s top bankers break taboo, admit war is hurting the economy
Two of Russia's most influential economic officials have publicly acknowledged the mounting costs of the war in Ukraine, as Kyiv's strikes on oil infrastructure and record military spending expose growing cracks in the Kremlin's wartime economy
Russia annexed Crimea to control it. Now it can’t even control the gas station line
Stations open briefly without warning as pump and resale prices pull apart.
Russia’s oil exports hit a wartime record—its income didn’t
More tankers sail, but their Russian cargoes are worth less.