At Current Rate, Russia’s Entire Oil Refining Industry Faces Collapse Within a Year
Crisis in Russia, Economy & Business

At Current Rate, Russia’s Entire Oil Refining Industry Faces Collapse Within a Year

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Ukraine’s deep-strike campaign against Russian oil infrastructure has shifted from symbolic raids to a systematic dismantling of one of the Kremlin’s most important industries. In just the past 45 days, Ukrainian drones have struck 12 refineries, pushing nearly a quarter of Russia’s total refining capacity offline. The scale and tempo suggest that Russia’s fuel production is not facing a slow erosion, but a rapid breakdown.

At Current Rate, Russia’s Entire Oil Refining Industry Faces Collapse Within a Year Read Post »

Russia’s Auto Market continues to collapse, with June truck sales down -66%
Crisis in Russia, Economy & Business

Russia’s Auto Market continues to collapse, with June truck sales down -66%

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Russia’s domestic auto industry is showing sharp signs of contraction, with new data revealing a steep decline in vehicle sales across all segments—a worrying indicator of deepening economic distress. According to the Ministry of Industry and Trade, sales of new passenger cars and light commercial vehicles (LCVs) in June 2025 plummeted by 27.5% compared to the same month last year, totaling just 96,744 units.

Russia’s Auto Market continues to collapse, with June truck sales down -66% Read Post »

Russian Budget Revenues Collapse as War, Sanctions, and Mismanagement Eviscerate the Economy
Crisis in Russia, Economy & Business

Russian Budget Revenues Collapse as War, Sanctions, and Mismanagement Eviscerate the Economy

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Russian government budget revenues continue to collapse as the combined weight of war spending, international sanctions, and systemic mismanagement tears into the foundations of its economy. In May 2025, the Kremlin recorded a federal budget deficit of 167.7 billion rubles—despite May traditionally being a month of budget surpluses for Russia. Total federal revenues for May fell to 2.46 trillion rubles, a 6% drop compared to the same month last year.

Russian Budget Revenues Collapse as War, Sanctions, and Mismanagement Eviscerate the Economy Read Post »

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