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Russia
Ukraine launches nearly 800 drones at Russia in one of war’s largest strikes
Ukraine unleashed a barrage of nearly 800 drones at targets across Russia overnight on Aug. 18, with Moscow's mayor calling it one of the largest long-range Ukrainian assaults on the capital region since the full-scale invasion began more than four…
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Diesel buyers scramble as Russia, Iran crises shrink global supply
Diesel buyers worldwide are scrambling for a dwindling pool of supply as disruptions in Russia and the Middle East tighten refined-product markets, with the U.S. at the center of a competition that could intensify heading into winter.
U.S. diesel crack tops $100 a barrel for first time amid global supply crunch
Russia has received its first shipment of gasoline from India, a reversal that underscores the toll Ukraine's sustained campaign against Russian oil refineries is taking on one of the world's largest fuel exporters.
Russian firm asks Putin to seize Nestlé’s assets
A little-known Russian firm has formally petitioned President Vladimir Putin to place five of Nestlé's Russian subsidiaries under temporary state administration, a move that could strip the Swiss food giant of operations valued at up to $2.1 billion, according to…
Russia built 10 secret drone bases within range of NATO
Russia has established at least 10 new or upgraded drone launch facilities along its borders with Ukraine and Belarus, equipped with 59 newly constructed launch rails capable of deploying Moscow's most advanced long-range attack drones, according to an investigation published…
Binance gave Russia client data used in terrorism case, Reuters reports
Binance provided Russian authorities with detailed transaction records of a client who was subsequently charged with terrorism financing over cryptocurrency donations to Ukrainian military-linked groups, according to law enforcement documents reviewed by Reuters.
Rystad cuts Russia crude forecast as drone strikes and sanctions deepen output decline
Russia's crude oil output has entered a new phase of decline as Ukrainian drone strikes on export infrastructure and tightening Western sanctions compound long-term production challenges, according to a revised forecast from Rystad Energy published this week.
European diesel now costlier than jet fuel as global shortage deepens
The world's diesel market is buckling under the weight of simultaneous supply disruptions across multiple regions, as the Strait of Hormuz blockade chokes Middle Eastern fuel flows and Russia slashes exports in response to Ukrainian attacks on its refineries.
Ukrainian drones spark fire at Russia’s largest Baltic oil port
Ukraine launched a mass drone attack overnight on Aug. 14 against Russia's largest Baltic Sea port of Ust-Luga, sparking a fire at the critical oil export hub and extending Kyiv's campaign to choke off Moscow's energy revenues more than four…
Ukraine proposes Black Sea truce to protect food shipments
Ukraine has sent Russia a proposal to halt attacks on civilian targets in the Black Sea, as weeks of intensified strikes on vessels and ports raise fears of a global food price shock. Moscow has yet to respond.
Ukraine drone strike forces Russian refinery into six-month shutdown
Russia's Orsknefteorgsintez oil refinery in Orsk has been forced into a complete shutdown after a Ukrainian drone strike on August 11, with repairs expected to take up to six months due to Western sanctions blocking access to imported equipment. The…
Russia’s economy grows 1.3% in Q2, beating forecasts
Russia's economy returned to growth in the second quarter of 2026, expanding 1.3% year-on-year after contracting for the first time since 2023 at the start of the year, according to data released Wednesday by the Federal Statistics Service, Rosstat. The…
CIA warns Europe of Russian hybrid attack plans targeting Baltics, Poland
The CIA has warned European allies that Russian intelligence and security services are considering hybrid operations against the Baltic states and Poland, including infrastructure sabotage and false-flag attacks, Bloomberg reported on Wednesday. The warning comes amid a sharp escalation in…
Oil from grounded Russian tanker reaches Oman’s mainland as spill spreads
Oil leaking from a grounded Russian crude tanker off Oman's coast has reached the mainland, the United Nations' International Maritime Organization confirmed on Wednesday, as the spill rapidly escalates into one of the worst marine environmental disasters in recent years.
Russia’s oil output trails OPEC+ quota by nearly 1M barrels a day
Russia's crude oil production fell almost a million barrels a day short of its OPEC+ quota in July, according to a monthly report from the Organization of the Petroleum Exporting Countries published on Tuesday, as sustained Ukrainian attacks on the…
Russian wheat exports hit decade low amid Black Sea attacks
Russia's grain exports are on track to fall to their lowest August level in a decade as escalating attacks on commercial vessels in the Black Sea create severe shipping bottlenecks at the country's southern ports, compounding a disruption that has…
Russia clears Bitcoin, Ethereum, USDT for exchange trading
Russia's Central Bank on Tuesday published a draft directive naming Bitcoin, Ethereum, and Tether's USDT as the only cryptocurrencies eligible for regulated trading on domestic exchanges, marking the country's first concrete step toward a licensed retail crypto market.
Russia’s ruble stablecoin hits $140B in turnover, PSB says
The ruble-denominated stablecoin A7A5 has processed nearly $140 billion in turnover since its February 2025 launch, PSB Bank Chairman and CEO Pyotr Fradkov said in an interview with Russia's RBC news agency published on Monday.
Russia raids 9 crypto exchanges in Moscow, arrests 20+
Russia's Federal Security Service (FSB) shut down nine unregistered cryptocurrency exchange offices in Moscow and arrested more than 20 people on August 7, in the country's first major enforcement action since President Vladimir Putin signed a comprehensive digital asset law…
U.S. intel links Russia to explosive drone at German airport
U.S. intelligence has assessed that an explosive-laden drone discovered at Germany's Leipzig/Halle Airport this week is linked to the Russian government, according to The Wall Street Journal News Corp, which cited U.S. officials familiar with the intelligence assessments. The finding…
Global diesel supply tightens as refinery outages hit winter risk zone
Roughly 10% of global refining capacity remains offline heading into August, above the five-year average for this time of year, with unplanned outages accounting for half of the total and carrying no clear repair timeline. The shortfall is keeping diesel,…
US intel warns Putin may test NATO with limited attack
New U.S. intelligence assessments warn that Russian President Vladimir Putin may attempt to challenge NATO's cohesion through a limited attack on a member nation within the next few years, according to a report by The Wall Street Journal News Corp…
Russia’s oil output tops 9 million bpd in July, sources tell Reuters
Russia's crude oil and condensate production rose by roughly 100,000 barrels per day in July to above 9 million bpd, buoyed by strong exports and a partial recovery in refinery throughput, according to an exclusive Reuters report published Thursday citing…
Deadly Kyiv strike exposes Ukraine’s air defense gap as Russia sets missile records
The war in Ukraine has entered a new and deadlier phase in the skies. Russia launched at least 126 ballistic missiles against Ukraine in July — a record for the conflict — killing approximately 400 civilians in what became the…
Russian grain exports drop 37% in July amid Black Sea strikes
Russia exported 2.03 million metric tons of major grain crops in July 2026, a 37.6% decline from the 3.25 million metric tons shipped during the same month last year, as Ukrainian drone and sea-drone strikes disrupted shipping across the Azov-Black…
Russia to lift oil exports 4% in August on surging Asian demand
Russia is preparing to ramp up crude oil shipments from its western ports in August, driven by strong demand from Asian buyers scrambling for alternatives to Middle Eastern supplies disrupted by the ongoing near-closure of the Strait of Hormuz.
Russia opens antitrust case against Apple over app rules
Russia's Federal Antimonopoly Service has launched a formal antitrust case against Apple after the U.S. technology company failed to fully comply with requirements to pre-install domestic software on iPhones and iPads sold in the country, according to Reuters and Russia's…
Ukraine hits Russian drone university, 18th Wildberries site
Ukrainian drones struck a university involved in drone development in Russia's Belgorod region and hit another Wildberries logistics warehouse early Monday, extending a campaign that has now targeted at least 18 of the online retailer's facilities in just over two…
Russian crude discounts in India shrink as Hormuz disruptions grow
Discounts on Russian Urals crude oil delivered to India have narrowed sharply to between $1 and $2 per barrel against the dated Brent benchmark this week, a dramatic tightening from discounts of more than $10 per barrel just weeks ago,…
Russia’s ruble stablecoin collapses after Western sanctions
The A7A5 stablecoin, a ruble-pegged cryptocurrency designed to help Russian businesses circumvent Western financial restrictions, has seen its transaction volumes plummet 96% and now trades at effectively zero, according to a new analysis published by blockchain analytics firm Elliptic. The…