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Dutch Supreme Court Upholds $50Bln Payment in Yukos Case

The decision ended a tug-of-war over Yukos, which broke up in the early 2000s after the arrest of former tycoon owner and Kremlin critic Mikhail Khodorkovsky...

India Moves to Cut Russian Oil Imports Amid U.S. Tariff Pressure – Reuters

U.S. President Donald Trump said Wednesday that Prime Minister Narendra Modi had “assured” him India would end its purchases of Russian oil.

United States Pressures Japan to Stop Buying Russian Oil and Gas

Treasury Secretary Scott Bessent said after a meeting with Japan's finance minister that the White House expects Japan to stop importing Russian energy...

Ukrainian Drone Strikes Slash Russia’s Fuel Exports to Lowest Level Since Early 2022 – Bloomberg

The ongoing Ukrainian drone attacks on Russia’s energy infrastructure have reduced fuel exports to their lowest levels since the invasion of Ukraine...

Russian State Giants Top Corporate Debt Ranking – Forbes

According to Central Bank estimates, one in six major companies is now struggling to manage its debt.

United Kingdom Declares ‘Russian Oil Is Off the Market’ as it Sanctions Rosneft and Lukoil

The British government accused Rosneft and Lukoil of either benefiting from or supporting the Russian government through their business dealings.

Estonian Business Figures Linked to Russian War Profiteers – The Insider

Much of the cross-border business dealing reportedly involves the logistics and transportation sectors tied to Russian Railways, the state-owned monopoly...

Putin Friend Timchenko Acquires Shell’s Former Stake in Western Siberia Oil Producer – Kommersant

Shell had ceded its 50% stake in Salym Petroleum Development following Russia’s full-scale invasion of Ukraine.

IMF Cuts Russia’s 2025 Economic Forecast Again

The revision marks a 0.3 percentage-point downgrade from the IMF’s July estimate of 0.9% annual GDP growth.

Russian Banks Slash Credit Card Issuance After 2 Months of Growth

The average credit limit on new cards also fell by 40,000 rubles ($500) to 109,000 rubles ($1,364), the lowest since April 2024.

Russia’s Metals Industry Faces Layoffs, Shortened Workweeks – Reuters

"There is a quiet cutback going on in the metals industry," a Reuters source said, citing weak demand, high interest rates and the strong ruble as the...

Russians Repatriate Record Sums From Foreign Banks – Central Bank

Russians have repatriated about 188 billion rubles ($2.31 billion) in total since March.

opinion Tatyana Rybakova

How the Kremlin Decided to Sacrifice Small Business to Pay for War

Desperate to fund the war as the economy flags, the Kremlin is piling pressure on entrepreneurs. Here's the story of one man pondering his future.

Russian Stocks Suffer Sharpest Single-Day Drop in 3 Years

The sellof accelerated after a senior diplomat said that progress toward a potential peace deal to end the war in Ukraine had largely stalled.

Russia’s Farm Sector Losing 150K Workers a Year, Agriculture Minister Warns

The labor shortage has become a key obstacle for the farm sector, which is already grappling with poor harvests and a shortage of high-quality imported...

Danone’s Former Russian Business Renamed as ‘Milk Logic’

Danone announced its intention to leave Russia after the 2022 invasion of Ukraine, with the Kremlin temporarily seizing its assets the following year.

Russia Boosts Fuel Imports From Belarus as Refinery Strikes Deepen Domestic Shortages

Roughly one in three of Russia’s refineries has come under attack over the past two months.

World Bank Cuts Russia's Growth Outlook, Warns of Long-Term Stagnation

The lender now expects Russia’s GDP to grow 0.9% in 2025, down from 1.4% in its June forecast.

Russia's Power of Siberia 2 Deal With China Would Take a Decade to Boost Gas Exports – Reuters

Even if a deal is finalized, construction would take at least five years and another five would be needed to reach full capacity, industry sources told...

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