Russia's economy will not recover anytime soon from sweeping sanctions imposed by Western nations over its war in Ukraine, and could see further damage if those sanctions are expanded to hit energy exports,

In considering the many effects of the war in Ukraine on the Russian economy, few suspected that fuel shortages would be one of them. After all, Russia is an oil-rich country whose energy infrastructure is far from the frontlines;

Wall Street analysts are warning of severe economic fallout for Russia after President Donald Trump imposed new sanctions on Rosneft and Lukoil, the country’s

Also last month, Sberbank CEO German Gref, one of Russia’s top banking chiefs, said the economy was in “technical stagnation,” And in June, Economy Minister Maxim Reshetnikov warned that Russia was “on the brink” of a recession.

European leaders vowed to work in coordination to ratchet up the pressure on Russia as the so-called “coalition of the willing” met in London to discuss strategies to end the war in Ukraine.

French Finance Minister Bruno Le Maire said on Wednesday that the sanctions imposed by the Western countries on Russia for ordering troops into separatist regions of eastern Ukraine would have a "relatively" limited impact on the French Economy.

Polish Foreign Minister Radoslaw Sikorski on Wednesday warned of economic trade-offs amid Russia's war in Ukraine, stressing that it forces countries to decide between spending on "guns or butter."

After years of insulation from the effects of Vladimir Putin’s war, Russia’s economy is finally starting to take a hit.

The invasion of Ukraine is becoming a long-range missile war, as both sides seek military advantage away from the blood-soaked, muddy, drone-saturated death traps of the eastern Ukraine trenches.

The Centre for Research on Energy and Clean Air (CREA) said that the drop in India’s imports of Russian crude oil in September 2025 was largely led by government-controlled refiners, whose cargoes from Moscow fell to their lowest levels since May 2022.