Russian economy

Wildberries invests in anti-drone netting after Ukrainian attacks

Ukrainian drone attacks have prompted Russian online retailer Wildberries to urgently purchase protective equipment for its warehouses, Russian outlet The Bell reported on Sept. 14.

15 September, 12:32 AM

Russians rushing to insure homes against drone strikes

Demand for home insurance and blast-resistant window film is one the rise in Russia, Reuters reported on Sept. 10.

11 September, 02:57 AM

Ukrainian drones reach 3,000 km inside Russia

Ukrainian strike drones attacked two gas-condensate plants in Russia’s Yamalo-Nenets autonomous district, traveling more than 3,000 kilometers to reach their targets, Ukraine’s Special Operations Forces announced on Sept. 9.

9 September, 10:51 PM

Russia weighs trillion-ruble railway megaproject to China

Russian authorities are discussing a trillion-ruble megaproject to build a new railway to China to speed up the shipment of raw materials from Siberia to the Chinese market, The Moscow Times reported on September 8.

9 September, 01:29 PM

Expert says pullback in flights over Russia could carry major economic costs for Moscow

Restrictions on civil aviation over Russia, after Ukraine warned the global aviation industry about growing risks for civilian flights above the aggressor state, could have serious economic consequences for Moscow, aviation market expert Denys Antoniuk wrote in a column for NV Business on Sept. 8.

8 September, 04:06 PM

Second wave of fuel crisis hits Russia with long lines and tighter sales limits — NV analysis

Drawing on Russian sources and Western analysts, NV assessed how effective and significant Ukraine’s August drone strikes on Russian oil refineries were and what their long-term impact could be.

5 September, 11:16 PM

Russian oil revenues continue to slump

In August 2026, Russia’s revenue from oil sales fell to its lowest level in six months as export prices declined, putting additional pressure on the Kremlin’s wartime budget, Bloomberg reported on Sept. 3.

3 September, 07:55 PM

Russia's Central Bank admits Ukrainian strikes will slow economy

Russia's Central Bank has acknowledged the economic impact of Ukrainian long-range strikes on the country, according to a Bank of Russia bulletin titled "What the Trends Show," Interfax reported on Sept. 1.

2 September, 03:44 PM

Kremlin official warns Russia’s economy could spin out of control

Boris Titov, Russian dictator Vladimir Putin’s representative for international development, said Russia’s economy risks “going berserk” if it focuses solely on the military-industrial complex, Reuters reported on Sept. 1.

2 September, 01:33 AM

Russian economic boom over as GDP growth expected to plummet through 2032

The Russian economy is facing years of sluggish growth with GDP gains not exceeding 2% annually through 2032, a sharp decline from the 4% expansion seen during the peak wartime boom of 2023–2024, according to a consensus forecast by Russia’s HSE Development Center.

31 August, 11:53 AM

Ruble plunges after CIA director’s Moscow visit

The Russian currency market responded to CIA Director John Ratcliffe’s recent visit to Moscow and rumors about Kremlin’s plans to escalate hostilities with a new wave of ruble depreciation, independent outlet The Moscow Times reported on Aug. 27.

27 August, 08:39 PM

VTB Bank stock sinks below nominal value amid Ukrainian strikes on Wildberries

Shares of Russian state lender VTB Bank plunged to an all-time low on the Moscow Exchange after Ukrainian drone strikes hit Wildberries and Ozon hubs, The Moscow Times wrote on Aug. 26.

27 August, 12:31 PM

MSC Mediterranean Shipping suspends Novorossiysk service

MSC Mediterranean Shipping Co., the world’s largest container carrier, has suspended new bookings to and from Russia’s Novorossiysk port on the Black Sea, Bloomberg reported on Aug. 26.

27 August, 12:38 AM

Perm oil refinery stops after Ukrainian drone strike

The Perm oil refinery, Russia’s seventh-largest by crude processing capacity, halted operations after being hit by Ukrainian drones on Aug. 21, Reuters reported on Aug. 24.

25 August, 03:40 AM

Ukraine must pursue asymmetric warfare as Russia’s military budget still twice as large, Zelenskyy says

Given that Russia still dwarfs Ukraine in terms of resources available to continue fighting, Kyiv must focus on long-range strikes to degrade Russian revenues and industrial capacity, President Volodymyr Zelenskyy said on Aug. 24.

24 August, 08:36 PM

Moscow reintroduces gasoline rationing

Limits on gasoline sales reappeared at several gas station networks in Moscow, as authorities continue supplying the Russian capital by redirecting fuel from other regions, independent outlet The Moscow Times reported on Aug. 19.

19 August, 10:47 PM

70% of Russian gas stations left without gasoline or diesel

A sharp fuel shortage in Russia has left gasoline or diesel available at just 28.1% of the country’s gas stations as of Aug. 16, down from 41% a week earlier, independent outlet The Moscow Times reported on Aug. 18.

19 August, 12:41 AM

Cash drains from Russian banks at record pace — report

Russians withdrew $3.4 billion from commercial banks in the first two weeks of August, a record cash outflow as depositors fear the Kremlin may seize private funds to finance the war, The Washington Post reported on Aug. 18, citing government data.

18 August, 09:24 PM

Russia expects more pricey Indian gasoline to ease shortages

At least two more shipments of gasoline from India are expected to arrive at Russian ports over the next two weeks as Moscow hopes to ease a domestic fuel shortage, Reuters reported on Aug. 17, citing industry sources.

17 August, 08:33 PM

Russians rush money abroad as sanctions tighten and capital flight accelerates

Russians are sharply increasing transfers to foreign brokerage accounts, trying to move money out of the country before the remaining routes close, Ukraine’s Foreign Intelligence Service reported.

17 August, 11:12 AM

Russian economy

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