Two weeks of someone else’s war earned Russia more than a month of someone else’s sanctions cost it
Zelenskyy says the windfall—compounded by US sanctions relief—gives Putin more room to keep fighting.
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Money Matters
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Money Matters – your comprehensive destination for financial insights and economic analysis.
Zelenskyy calls European pipeline pressure “blackmail”—and a sanctions rollback in disguise
The president says some European leaders are conditioning weapons supplies on Ukraine restoring Russian oil revenues.
Naftogaz wins $1.4 billion Gazprom case—now comes the harder part
Switzerland’s highest court closed Gazprom’s last appeal. Collecting is another matter.
Turkey’s Ukraine war bill: soybean imports at risk as Erdoğan warns of global crisis
Wartime disruptions already cut Ukrainian grain deliveries to Turkey 16%—and Ankara is now pushing hard for peace talks.
Ukraine’s fuel costs spike as global tensions push inflation above forecast
February’s 7.6% reading slightly missed the NBU’s forecast—fuel was the culprit.
Bank Lviv sale shows Ukraine’s development finance model can actually work
Three development funds spent 20 years on this. Crédit Agricole spent one deal buying the result.
Oil swings $30 in a day as Iran turns Hormuz into a diplomatic weapon
From $120 to $90 in 24 hours: Iran named its price for reopening the world’s most critical energy chokepoint.
Brent at $100, Urals at $91: the Iran war handed Moscow its best oil week in years
Washington is fighting Iran and bankrolling Moscow at the same time.
Lights on, economy limping: Ukraine’s real energy reckoning in March 2026
Russia failed to freeze Ukraine this winter. All 15 thermal plants are still destroyed. And Russia has already moved on to trains.
US gives India 30 days to offload 140 million barrels of Russian crude—oil its own sanctions stranded at sea
Washington’s waiver covers crude that accumulated offshore after its own pressure campaign cut India’s Russian imports by more than a third.
EU may pay Ukraine to fix pipeline Russia keeps bombing—as Fico refuses to meet Zelenskyy first
Fico says he “wouldn’t believe Zelenskyy if he told him the sky was blue”—so he’s asking Brussels to check first.
What does a Russian air raid alarm cost Ukraine’s economy? Researchers just found out
The missiles get the headlines. The sirens do the quiet damage. Now there’s data to prove it.
Russia cut small business support by a third—then sent the tax collector
The Kremlin chose to abandon its civilian economy. Now the VAT bill arrives.
EU banned Russian gas by 2027. The Iran war may undo it, Norway warns
European gas prices hit multi-year highs as Gulf disruptions shake energy markets.
Russian manufacturers can’t find workers—but they’re cutting the ones they have
Production declined for the 12th straight month, but firms are now shedding workers, too.
Ukraine must meet EU pig welfare standards—while Russian missiles knock out farm electricity
Production costs rising, sale prices stagnant—and Spanish pork is heading east.
Did the US just fund Russia’s war by bombing its drone supplier?
Urals crude hits budget target for first time in months as Gulf chaos drives global prices up.
Russia lost Europe as trade partner and alternative markets can’t fill this gap
EU-Russia trade shrank 5.4 times since invasion as Moscow faces isolation.
Ukraine’s most wanted worker is 60 years old
War flipped who keeps the economy running. The question is what comes next.
How did Ukraine build four US gas corridors in 14 months while under constant bombardment?
Germany and Lithuania routes launch in the same week.