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Ruble Slides Despite Higher Oil Prices as Russia Halts FX Sales

The slide comes even as prices for Russia’s crude oil have climbed and the U.S. temporarily eased some sanctions on Russian oil.

Russia’s Investment Slips for First Time Since Pandemic

The drop was the steepest since 2015, when investment plunged 10.1% following Russia’s annexation of Crimea and Western sanctions.
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Income Inequality in Russia Approaching Record Highs, Research Group Says

Income inequality in Russia has risen for four consecutive years and is now approaching the record highs seen during the 2008 financial crisis, the independent...
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East Asian Countries Eye Russian Oil Imports Amid Global Energy Shock

Many countries in East Asia rely heavily on oil and gas supplies from the Middle East, most of which flow through the Strait of Hormuz.
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Russia’s Sovcomflot Swings to $648M Loss in 2025 as Sanctions Hit Tanker Fleet

The results underscore how tightening Western sanctions are complicating Russia’s ability to ship oil abroad.
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Ousted Wildberries Co-Founder Named CEO of Electronics Retailer M.Video

Vladislav Bakalchuk replaces Felix Lieb, who briefly served as M.Video’s CEO in 2025 as the company pushed to expand its online marketplace.
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Moscow Piles Pressure on U.S. Over Oil Sanctions

The U.S. said it will temporarily allow the sale of oil from Russia that is at sea as nations scramble to boost supply and bring down prices.
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This Russian Distillery Wants to Sell Trump Vodka

Kristall Distillery has petitioned to terminate the trademark rights of DTTM Operations, the entity that manages the trademarks of U.S. President Donald...
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Putin Envoy Kirill Dmitriev Meets With Witkoff and Kushner to Discuss Russian Energy

Dmitriev said U.S. officials were “beginning to better understand” the importance of Russian oil and gas in global markets.
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Gazprom Says Ukrainian Drones Attacked TurkStream, Blue Stream Pipeline Facilities

Gazprom said facilities tied to the pipelines in southern Russia had been targeted 12 times over the past two weeks.
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Russia Weighs 10% Budget Spending Cuts as Revenues Slump – Reuters

The final decision will depend largely on how long the current oil price increase triggered by the Iran war lasts, Reuters' sources said.
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Russian ‘Military Bank’ Posts 2025 Loss Amid Rising Defaults

The results underscore growing strains in parts of Russia’s banking system as high interest rates and heavy wartime borrowing weigh on companies.
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Satellite Failure Disrupts TV Service for Russian Providers

The state-owned Russian Satellite Communications Company said its Express-AT1 satellite abruptly stopped functioning on March 4 for unknown reasons.
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Did the Mideast Conflict Just Rescue Russia’s War Budget?

Despite the surge in Russian oil prices, analysts caution that this boost in revenues is unlikely to fully reverse Russia’s economic woes.
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State Prosecutors Seek ‘Extremist’ Ban on Galitsky’s Venture Capital Fund

The Ukrainian-born entrepreneur founded Almaz Capital in 2008 to help connect Western money with start-ups in Russia and Eastern and Central Europe.
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Russians’ Bad Household Debt Tops $30Bln as Repayment Strains Grow

The data point to growing strains in Russia’s consumer lending market as household borrowing continues to rise.
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Record 155 Russians Make Forbes Billionaires List

It marks the fourth consecutive year that the number of Russian billionaires on the list has grown.
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Indian Firms Snap Up Russian Oil Cargos Amid Mideast Supply Crisis – Bloomberg

Indian companies have bought up nearly all Russian crude available on the spot market after the U.S. granted India a temporary waiver to purchase it.
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Russian Tour Operators Lose $37M in First 10 Days of Middle East War, Industry Group Says

The industry’s biggest financial blow may still lie ahead as tour operators prepare to refund customers for canceled trips.
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