The forecast for 2025 was revised upward by 0.1 percentage points (pp) compared to the IMF data presented in January. The Fund also improved its estimates for Russian GDP in 2024 from 3.8% to 4.1%. At ...

Russia has cut its forecast for 2025-2027 oil and gas export revenues, a key source of funding for the state budget, due to ...

Despite sweeping Western sanctions, Russia has steadily exported oil to countries outside the sanctions coalition. India and ...

Slowing economic growth and reduced demand for large purchases like cars, electronics and household appliances have curtailed ...

Russia downgraded its outlook for exports this year and lowered expectations for the price for its oil, developments that may ...

Russia dodged “Liberation Day” tariffs, but Moscow is still perilously exposed for one reason: oil.

While Trump wants to improve relations with Putin, many in Washington are skeptical about the future of Russia's energy industry, from nuclear power to oil and gas.