Russia’s oil money is drying up—so its own people are paying for the war
Fresh figures show the Iran oil windfall came and went—and Russia, further behind than before, is now reaching for pensions and paychecks.
Browsing Tag
Moscow’s war economy
7 posts
Russia is squeezing independent gas stations out of its fuel market
Russia cannot make more fuel. So it’s handing the market to the state-linked majors, and the independent ones are being cut out.
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.
Vladislav Inozemtsev: A collapse is not imminent
Economist Vladislav Inozemtsev on oil windfalls, Ukrainian strikes, and why the war will be won on the ground
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.
Russia’s A-50 maker lost $65 million—its revenue collapsed 3.8 times in one year
Beriev, sole manufacturer of Russia’s dwindling surveillance fleet, swings from profit to deep loss.
Trump claims India will halt Russian oil purchases, pressuring Moscow’s war economy
The US President announced Modi's commitment to end Indian oil purchases from Russia, a move he framed as undermining Moscow’s war effort in Ukraine