Russia

Russian diamond giant Alrosa posts $134 million net loss as revenue drops 36%

Russia’s Alrosa, the world's largest diamond mining company, reported a net loss of 10.67 billion rubles ($134.1 million) for the first half of 2026, Interfax reported on July 31.

3 August, 12:50 PM

Ukraine releases video of strikes on Crimea naval drone base and tankers

Ukraine's Unmanned Systems Forces said they struck a Russian naval drone boat base, air defense systems, radar complexes, a launch site for attack drones and other military targets in Russia and Russian-occupied areas of Ukraine on July 30.

31 July, 09:18 AM

Finland's Fingrid to end maintenance of fiber optic link with Russia

Finnish national grid operator Fingrid will discontinue maintenance of its fiber optic connection with Russia, public broadcaster Yle reported, marking another step in unwinding infrastructure links between the two countries on July 30.

30 July, 03:38 PM

Russian oil discounts for India drop sharply as supply worries grow

Discounts on Russian Urals crude oil delivered to India dropped to between $1 and $2 a barrel against the dated Brent benchmark this week due to supply concerns, Reuters reported on July 29, citing three trade sources.

30 July, 10:11 AM

Wildberries scrambles for warehouse space in Kazakhstan after devastating drone strikes

Wildberries, Russia’s largest online retailer, has launched an urgent search for available warehouse space in Kazakhstan following a wave of Ukrainian drone strikes on its domestic logistics network, with the retail giant reportedly prepared to occupy all vacant storage capacity in the country, Russian business daily Kommersant reported on July 29.

29 July, 12:04 PM

Russia claims more drones downed in 2026 than in previous three years combined

Russian authorities reported downing 37,700 Ukrainian drones in the first half of 2026, exceeding the 32,800 they said were destroyed from 2023 through 2025, investigative outlet Proekt reported on July 28.

28 July, 06:04 PM

Kremlin turns to money printing to finance war against Ukraine

Russia is increasingly financing its war against Ukraine through hidden ruble issuance, forcing state banks to buy federal bonds with liquidity provided by the Russian central bank as market funding dries up.

28 July, 02:08 PM

Russia–North Korea border bridge nears completion: what it means for military supply?

Russia and North Korea are finalizing the construction of a new bridge spanning the Tumen River, which will establish the first-ever direct road connection between the two nations and potentially serve as a strategic corridor for military supply lines, The Guardian reported on July 28.

28 July, 12:37 PM

Ukraine's SBU strikes Russian oil facilities in Bashkortostan, Ulyanovsk and Kaluga oblasts

Ukraine's Security Service carried out a series of long-range strikes, targeting Russian oil and military infrastructure in Russia and occupied Crimea, the SBU said on July 24.

24 July, 04:56 PM

Russia bans more Armenian food imports after 'unfriendly' statements amid growing tensions

Russian authorities have found new alleged violations involving food imports from Armenia amid worsening relations between the two countries, The Moscow Times reported on July 24.

24 July, 03:43 PM

Japan imports 2.905 million tons of Russian LNG this year after dramatic June spike

Japan, one of the world's largest buyers of liquefied natural gas (LNG), increased its LNG imports by 6% year-on-year to 4.718 million tons in June 2026, Russian propaganda agency Interfax reported.

24 July, 01:40 PM

Former Russian and German officials hold secret meeting in Azerbaijan on Ukraine war, Aliyev says

A secret meeting between former Russian and German officials took place in Baku about a week ago to discuss ending Russia’s war against Ukraine, Azerbaijani President Ilham Aliyev said during a joint news conference with German Chancellor Friedrich Merz on July 21, according to Bloomberg.

21 July, 07:00 PM

Ukraine targets Russian missile plants but funding gap limits deeper strikes

Anatolii Khrapchynskyi, business development director at a Ukrainian defense company and a reserve Ukrainian Air Force officer, has outlined which Russian enterprises are involved in producing ballistic missiles and how strikes on oil refineries affect their broader operation.

18 July, 01:30 PM

Fires hit two Wildberries warehouses in Russia, including major facility near Moscow

A fire broke out at a Wildberries logistics complex in Kotovsk, Tambov Oblast, following a drone attack overnight on Saturday, July 18.

18 July, 11:53 AM

Putin aide claims Russia’s naval nuclear forces are in full combat readiness

Nikolai Patrushev, an aide to Russian leader Vladimir Putin, claimed that Russia’s naval strategic nuclear forces are in “full combat readiness.”Patrushev made the statement in an interview with Russian propaganda outlet RIA Novosti.

15 July, 07:28 PM

Zelenskyy warns Russia may soon have 5,000-kilometer ballistic missile range

Russia will be able to launch ballistic missiles at a range of up to 5,000 kilometers in the foreseeable future, Ukrainian President Volodymyr Zelenskyy said in an interview with French broadcaster BFMTV on July 14.

14 July, 05:31 PM

Russia allocates billions to support tourism in occupied Crimea

Russia's government has allocated more than 4.3 billion rubles ($55 million) to support the tourism industry in occupied Crimea and Sevastopol through one-time payments to tourism workers, Russian authorities said on July 11.

11 July, 08:24 PM

Rutte warns Putin not to ‘play games’ with NATO ahead of Ankara summit

NATO Secretary General Mark Rutte warned Russian leader Vladimir Putin not to “play games” with the alliance, saying NATO is defensive and “cannot be defeated.”

8 July, 11:30 AM

One in three Russian clothing retailers reported losses in 2025

Russian clothing retailers are increasingly falling into the red as consumers tighten spending, with 34% of mass-market chains and 40% of premium brands reporting losses in 2025, up sharply from 2022, The Moscow Times reported on July 6.

6 July, 01:39 PM

China and Russia to hold joint naval drills in the Yellow Sea this month

China and Russia will hold joint naval exercises in the Yellow Sea this month before launching a joint maritime patrol in the Pacific Ocean, China's Defense Ministry said, according to Bloomberg on July 5.

5 July, 01:37 PM

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