Russia’s energy revenues crash by 19% as war devours civilian budget
With gas exports to Europe halved and oil profits plunging, the Kremlin raids its welfare fund while fueling the front.
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Russian economy
213 posts
ISW: Ahead of Trump’s 8 August deadline, Russian propagandists fuel White House division to avoid sanctions
Meanwhile, Russian officials still claim economic strength despite falling oil revenues and slowing household consumption.
Amid war, Russia shuts down gasoline exports — producers hit for the first time
The ban takes effect 29 July and could be extended into September.
Bloomberg: EU sanctions squeeze Rosneft’s Indian refiner — buyers now forced to pay in advance
Nayara Energy imposes financial demands on traders amid rising fears over deal enforcement.
Hackers erased Gazprom’s digital brain in catastrophic cyber strike, HUR source says
Ukrainian operatives reportedly wiped servers, clouds, and backups, crippling the control systems of Russia’s gas empire.
ISW: Moscow scrambles to downplay EU’s crushing new sanctions
Russia’s top officials claim immunity, but signs of economic strain are beginning to show beneath the surface.
ISW: Russia is “burning the candle at both ends”—bankers quietly brace for bailouts
Russia’s top financial execs reportedly fear a growing debt crisis despite Central Bank claims of stability.
Russian banks seek Kremlin bailouts as inflation soars and potatoes disappear
As war spending drains the economy, Russia’s banks are struggling—and now looking to Moscow for help.
Sanctions hit harder than bombs: Russian courts reveal systemic failure in weapons supply
No radar, no drones, no sonar—the military’s most critical projects stalled in legal chaos, journalistic investigation fi.
Forbes: Trump can’t stop the war with words — but he can with Russian money
Seizing sovereign Russian assets would turn the tables without firing a shot.
FT opinion: Russia may last a year. Ukraine risks collapse within half a year without urgent aid
Russia has the manpower edge to outlast Ukraine, FT warns.
Germany asked to “lead Europe” and persuade Hungary on Russia sanctions
Ukrainian President Volodymyr Zelenskyy says European unity is at stake as Hungary and Slovakia resist.
Moscow deepens reliance on its key war supplier by ramping up massive aluminum exports
As EU shuts the door, Russia floods Beijing with vital metals to keep its war machine alive.
Russia bargaining hard to kill sanctions, Zelenskyy says
Moscow is using global connections to negotiate softer restrictions, Ukraine’s President warns.
Fortune: Putin’s military binge is bleeding the Russian economy dry
The government is stuck between inflation and stagnation—with few options left.
ISW: Putin’s economic forum now a tool to spread wartime optimism
The Kremlin uses feel-good stories and veterans in office to distract Russians from the reality of war.
ISW: Russia wants to modernize army for long war with Ukraine and possible NATO confrontation
Moscow’s 2027-2036 rearmament program focuses on upgrading air defense, AI integration, and space capabilities.
Israel’s attack on Iran may have revived Moscow’s oil revenues for war
In April, Russia’s Urals crude was priced at just $50, dragging the country far from its budgeted $70 mark. Now, the price has already risen to $65.
“The Russians are, mildly speaking, not that successful” in their new offensive, Zelenskyy says
Ukraine's President also noted that Putin lies to Trump and fakes peace talks to dodge sanctions.
Russia simply lying to Trump, Zelenskyy says
The Ukrainian president said most world leaders understand this deception and urged America to respond wisely.