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.
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Russian economy
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“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.
Frontline report: Russia faces oil price collapse as OPEC+ hikes production again
With Urals crude at its lowest since 2023, Moscow’s budget faces major damage.
Only 40% of Russian capacity under sanctions, EU must step up, Lithuania says
The Lithuanian foreign minister says the EU has more work to do on sanctioning Russia's economy.
ISW: Russia committed to war goals through rising missile and drone buildup
Russia’s evolving tactics point to a plan for grinding Ukraine down over time.
Frontelligence Insight: Leaked files reveal Russia’s defense optics house of cards under strain of war and sanctions
Internal files show broken supply chains, missed contracts, covert Chinese inputs, and failing surveillance tech across Rostec’s Shvabe unit.
Politico: Full-blown embargo on Russia back on Europe’s table
Russian President Putin’s refusal to attend talks with Zelenskyy in Türkiye triggered EU discussions on the most severe sanctions package yet.
US senate majority backs 500% Russian energy tariffs to pressure Kremlin into peace deal
Senator Lindsey Graham is leading a bipartisan effort to pass legislation that would impose a 500% tariff on imports from nations buying Russian oil, gas, or uranium, particularly China, India, and Iran.
Dekleptocracy identifies key vulnerability in Russia’s military supply chain: lubricants
Russia heavily depends on a single Chinese company for industrial lubricant additives vital for military equipment.
UK intel: Russia struggles to curb inflation as bankruptcies likely to surge
Russia’s ruble rises to 81 per dollar, but inflation hits 10.1%, deepening fiscal strain as energy revenues shrink in ruble terms, per UK intelligence.
RFU News: US delivered its harshest economic blow yet against Moscow after ceasefire rejection
Russian banks can no longer process international energy transactions, endangering the Kremlin's primary war funding mechanism. The expiration of a key exemption also triggers secondary sanctions risk for any nation trading with Moscow.
Hungarian OTP Bank sees 40% profit surge in Russia
The bank increased its Russian business in 2024, boosting profits despite growing pressure on European banks to reduce Moscow ties.
ISW: Russian military recruitment surpasses targets due to financial incentives and prison recruitment
Western aid could deepen Russia’s economic and military strain, pushing Putin toward meaningful negotiations in 2025, ISW says.
ISW: Poll shows Russians increasingly support war on Ukraine despite economic toll
46% of Russians support the invasion of Ukraine, rejecting troops withdrawal without Kyiv's full capitulation, while 54% report worsening war-related hardships.
EU 16th sanctions package against Russia targets shadow fleet, banks, media outlets, third-country trade
53 entities across seven countries, including China, India, Kazakhstan, the UAE, and Turkey, have been sanctioned by the EU for supplying Russia with dual-use technologies and military components.
Reuters: Russian authorities see rising economic risks, internal reports show
Sources close to the news outlet note that Vladimir Putin himself has grown increasingly concerned about Russia's economy.
Bloomberg: Putin’s strength in Ukraine may be an illusion as Russia’s corporate debt hits $ 446 billion
New economic data shows Russian banks quietly restructuring massive defense loans as corporate debt spikes 70% since the Ukraine invasion, challenging Moscow's image of wartime resilience.
Ukraine arrests $50 million worth of Russian oligarch Deripaska’s assets
Raw materials were stored at a Mykolaiv plant previously owned by Deripaska and were prepared for re-exporting to Russia via the EU.
ISW: Russian economy shows distress signs despite Kremlin’s strong-year-for-economy claims
As the war against Ukraine strains Russia’s economy, the Kremlin launches a campaign to project false stability despite mounting fiscal challenges.