1.7 million tons in reserve, queues at the pump—Russia’s fuel math doesn’t close
Russia says it still holds 1.7 million tons of gasoline. Queues, rationing, and import deals show why that number does not put fuel in the tank.
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Ireland shipped $308 million in alumina to Russian smelters—EU ban still absent
Coalition presses Ireland to back restrictions on material linked to Russian missile supply chains.
Ukraine’s banks got too profitable to sell—so the deadline keeps slipping
The central bank sees a “good chance” of two sales by December. The price the market will pay says otherwise.
Russia can’t blockade Ukraine’s grain ports, so it bombs them—exports could drop a third
The heaviest strikes are expected during the July harvest.
Ukraine binds a quarter of its economy to EU procurement rules—and unlocks $3.4 billion
Reform clears a first-cluster accession requirement as Hungary stalls the talks.
Occupied Crimea’s “energy independence” runs on gas Ukraine can cut
A decade of spending bought dependency dressed as autonomy.
Russia’s fuel rationing reaches Siberia as occupied Crimea runs dry
The shortage is spreading region to region, and Russia is importing gasoline by sea.
Ukraine’s economy posted its sharpest contraction since the wartime recovery began
Russian strikes drove Ukraine's sharpest economic contraction since the recovery began, and forecasters have cut the year to near zero.
What does Russia do when sanctions strand ten ice-class tankers? It offers to buy them
Novatek’s Singapore arm is negotiating for ten ice-class carriers it has struggled to build at home.
Russia’s biggest oil company stopped selling gasoline in canisters nationwide after Ukraine’s strikes. It blames “seasonal demand”
Rosneft is capping drivers at 90 liters a fill.
Russia quietly lets refiners sell lower-grade Euro-3 fuel as drone strikes squeeze supply
A rule eased since last autumn now allows gasoline to contain 15 times the EU sulfur limit, as rationing spreads across Russia.
Fuel shortages reach Moscow and St. Petersburg as Ukraine’s strikes squeeze Russian refining
Filling-station limits, jet-fuel curbs, and farmers short of diesel now span over 25 Russian regions.
Russia poured 46% of its budget into the military in early 2026 even as revenue fell — ISW
Moscow promised to cut war spending in 2026. It raised it 30% instead, according to an expert's assessment.
Russia’s oil production falls for sixth straight month as Ukrainian drone strikes hit storage and transport
Companies redirected crude to restored Baltic and Black Sea ports, lifting exports from 3.17 to 3.64 million barrels a day, while the extraction tax base underneath kept contracting.
Russia tells its regions to raise taxes on residents and businesses to plug a record budget hole
The combined regional gap grew fivefold from 2024 and almost eightfold from 2023, with the tax service now pressing governors to find more revenue.
Russians pulled 30-year record of cash from banks in May. Central Bank now tracks monthly cash limits, can freeze “suspicious” withdrawals
Analyst cites geopolitical and macroeconomic uncertainty, internet outages disrupting online banking, and central bank rate cuts as driving the cash flight.
Ukrainian strawberry prices drop 21%—but carrots and potatoes climb
Cheaper berries, costlier carrots—Ukraine’s wartime produce market moves in different directions in the same week.
Russia wants €47 million from the company arming the country it invaded
The contract Moscow wants money over built the training center where Putin's troops rehearsed for Ukraine.
Hungary unblocks $7.7 billion in EU arms payments after dropping two-year veto on Ukraine aid
Prime Minister Péter Magyar's cabinet reversed a Viktor Orbán-era block, with the immediate sum a first tranche of more than €40 billion in queued claims.
Europe weighs freezing Russia’s oil price cap as the Iran war threatens to loosen it
Brussels could override the automatic formula that would otherwise let the ceiling jump from $44.10 to at least $65 a barrel in July, Bloomberg says.