Russia’s fiscal deficit swells in 2026 as Iran war-driven oil revenue windfall fails to compensate for surging expenditures and eroding non-oil income.
President Putin’s call for rate cuts puts Bank of Russia Governor Nabiullina in a tight spot, potentially triggering a dovish shift that…
Russia’s crude oil exports dropped sharply in July after a lull in drone attacks on refineries boosted domestic processing, tightening global supply…
China accelerates Russian oil imports as Middle East tensions jeopardize global crude supply, lifting oil prices and reshaping energy and currency markets.
Indian refiners are rescuing Russia’s oil exporters by absorbing crude volumes, keeping global supply steady amid sanctions and deepening energy ties between…
Russian inflation accelerated in July driven by a surge in gasoline prices, raising expectations of Bank of Russia rate hikes and weighing…
Russia's June budget surplus arrived as oil prices rallied sharply on escalating Iran war fears, flipping months of deficits and highlighting Moscow's…
The price of Russia's Urals oil has dropped to pre-Iran war levels, delivering a major revenue shock to the Kremlin and raising…
Ukrainian drone strikes cripple Russian refining capacity, triggering a domestic fuel scramble that props up global oil prices and weighs on the…
Russia’s $1.3 billion sale of a stake in a seized top gold miner underscores the Kremlin’s asset monetization drive and may influence…
The Bank of Russia's smaller-than-expected rate cut buoyed the ruble and weighed on Russian bonds as markets repriced monetary easing expectations amid…
Russia's central bank pivots to rate cuts as Iran war-driven oil revenue tames inflation, unlocking stimulus for the commodity-dependent economy.