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FT Uncovers Network of Shell Firms Exporting $90Bln in Sanctioned Russian Oil

The network was discovered because all of them use the same private email server, the FT said.

U.S. Investor Linked to Trump Signed Gas Deal With Russia’s Novatek – NYT

The investor, private equity executive Gentry Beach, said the project had been discussed “at the highest levels” in Moscow and Washington.
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Kremlin Envoy Pitches $14 Trillion in Potential U.S.-Russia Projects

The Economist described the figures as “hyperbole designed to please” U.S. President Donald Trump amid Ukraine talks.
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Russia’s New Car Prices Jump 46% Since Ukraine Invasion

“Cars in Russia are becoming among the most expensive in the world,” the head of the Avtostat analytical agency said.
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Renaissance Capital Completes Buyout of Citibank’s Russian Operations

AO Citibank will be renamed to AO RenCap Bank and will continue servicing its existing clients as a “standalone entity,” Renaissance Capital said.
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Russian Stock Market Faces Uphill Battle to Hit Putin’s Ambitious 2030 Target

In 2024, Putin ordered the stock market to double its market capitalization to 66% of GDP. To hit that target now would require a near‑threefold increase...
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Russian Ports Warn of Cargo Slowdown Due to Tighter Inspections and Ice Conditions

Putin ordered mandatory inspections of all vessels entering Russian ports after an explosion on the tanker Koala in the port of Ust-Luga in February 2025...
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Russia to Hike Cargo Rates to Support Rail Monopoly Amid Mounting Losses

RZhD has accumulated 4 trillion rubles ($52 billion) in debt and recorded its first net loss since the pandemic last year.
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Russia’s Kamaz Sees Nearly Half of Output Shift to Defense Orders

“Half of current production now goes on ‘black plates’,” one Kamaz dealer said, referring to military registration plates.
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Oil Supplies to Hungary and Slovakia Halted After Damage to Druzhba Pipeline

There have been no Russian oil deliveries to Hungary and Slovakia in February, Bloomberg reported.
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Russian Wholesale Gasoline Prices Jump on Refinery Drone Strikes

Wholesale gasoline prices posted their sharpest weekly increase since July 2025.
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Russians Spend Nearly $50Bln on Foreign Travel as Stronger Ruble Fuels Outbound Boom

Turkey, the UAE, Egypt, China and Thailand were the most popular destinations.
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Saudi Firm Signs Preliminary Deal to Buy Lukoil’s Overseas Assets – Reuters

The agreement was signed in late January amid what one source described as a “heated battle with competitors.” 
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Russian Steelmakers Seek Tax Relief as Output Falls, Layoffs Begin

Producers have begun shifting to shorter working weeks, laid off about 3,000 employees and were placing blast furnaces into hot idle mode due to declining...
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Russian Central Bank Trims Key Rate, Sees a More Balanced Economy Ahead

Policymakers said the economy “continues to return to a balanced growth path” despite an uptick in inflation in January.
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Russia’s External Debt Hits 20-Year High

As of Feb. 1, foreign investors held $61.97 billion in Russian government debt. The majority of those holdings are long-term bonds.
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Russia’s Ural Airlines to Extend Airbus A320 Lifespan Amid Parts Shortages

“One can only hope this ‘major step forward’ comes without human casualties,” one expert wrote.
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Russian Business Climate Indicator Slips to Near-Stagnation

February’s reading was the weakest since October 2022, when business activity slumped in the wake of Russia’s “partial” mobilization for the war...
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Russian Companies Move Millions to Part-Time Work in Decade High

The surge in part-time work highlights the hidden strain on Russia’s economy as the invasion of Ukraine nears its four-year mark.
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