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Moscow Gas Stations Reimpose Fuel Limits as ‘Second Wave’ of Shortages Hits Russia

Both Gazprom Neft and Tatneft are limiting the amount of fuel that customers in Moscow and the surrounding region can purchase.

Greek-Owned Grain Ship Catches Fire After Drone Attack Near Novorossiysk

The attack was the second involving a Greek-owned vessel near Novorossiysk within 24 hours.
2 Min read

Russian Authorities Review Foreign Company Exit Deals – Kommersant

Prosecutors have demanded 414.53 million rubles ($4.9 million) from GS Investments, a company linked to the family of businessman Andrei Komarov.
2 Min read

Ukrainian Strikes Halt Most Russian Grain Exports in the Black Sea

Experts cautioned that the disruption would not necessarily be permanent and some terminals were likely to resume operations.
3 Min read

VEB Chief Economist Fired After Warning Russia Cannot Win ‘War of Attrition’ – The Bell

Andrei Klepach, who served as VEB.RF’s chief economist for 12 years, was reportedly fired after the bank’s leadership received a phone call “from...
2 Min read
opinion Nick Trickett

How Russia’s Obsession With Economic Stability Made It Weaker

For decades, Western observers thought Russia's economy was going from strength to strength. But it was creating its own weaknesses.
12 Min read

Armenian Banks Tighten Checks on Transactions Linked to Russia Sanctions

The measures could further restrict Russians’ access to Armenia’s banking system and disrupt payment routes used to transfer money from Russia to other...
3 Min read

Wildberries Sellers Report Payment Delays After Ukrainian Strikes Hit Warehouses – Vyorstka

Some sellers said the delays had left them without money to cover living expenses or invest in their businesses.
2 Min read

Russian Businesses Turn to Chinese AI Models as Demand Surges

The trend exposes the difficulties facing Moscow’s effort to build competitive AI systems of its own.
3 Min read

Russian Economy Returns to Growth, but Economists Warn Rebound May Be Short-Lived

Gross domestic product grew 1.3% in April-June despite Ukrainian strikes on oil refineries that pushed refining volumes to their lowest level in two decades...
3 Min read

Russia’s Bashkortostan to Sell Remaining Bashneft Stake to Rosneft

“We have a hole in the budget,” regional head Radiy Khabirov told reporters.
2 Min read

Russian Chip Importer CEO Jailed in $1.8M Tax Evasion Case

The arrest follows a series of investigations involving Russian companies and officials connected to military procurement.
2 Min read

Russian Combat Drone Forum Postponed Over Fears of Ukrainian Attack

Organizers said the Dronnitsa event would require diverting air defenses and security personnel from other locations.
2 Min read

Ad Spending on Wildberries Nosedives After Ukrainian Drone Attacks, Kommersant Reports

A source told Kommersant that many advertisers had either frozen their promotional budgets or sharply cut back across major retail categories.
2 Min read

Russia Transfers Nationalized Port Fuel Supplier to Rotenberg-Led Holding

The deal adds Transbunker to a growing portfolio of industrial companies transferred to Roskhim after being seized by Russian courts.
2 Min read

Putin Threatens Retaliation if Europe Seizes Russian Ships

The warning follows the EU’s adoption of a mechanism allowing member states to confiscate and sell Russian oil carried aboard shadow fleet vessels.
2 Min read

Russian Companies Boost Anti-Drone Spending as Ukrainian Strikes Expand

Businesses spent 441.3 million rubles ($5.34 million) on anti-drone equipment from January through June, 6.6 times more than a year earlier.
2 Min read

Putin Urges Businesses to Back Russian Innovation as State Funding Shrinks

Declining state funding and falling patent applications are hampering the Kremlin’s push for technological self-sufficiency.
3 Min read

Russian Wheat Exports Brace for Decade Low in August Amid Black Sea Attacks

Russia and Ukraine have been attacking each other’s agricultural export facilities and commercial vessels in the Black Sea in recent weeks, driving wheat...
2 Min read
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