#Russian Economy

Ukraine's GUR estimates damage to Russia's oil refining industry from Defense Forces strikes at over $23 billion: by the end of September 2026, 15 out of 38 key refineries were completely shut down, and refining volumes fell by 55.4%.

Russia's economy is balancing on the verge of a major crisis due to massive military spending and sanctions, according to a Danish intelligence report in September 2026.

British military intelligence has estimated Russia's losses in the war against Ukraine at roughly half a million dead and 1.5 million wounded, while over 2023–2026 only about 2% of the territory has been captured.

Russia's military budget reached a record 10.687 trillion rubles in the first half of 2026 — 43.8% of all federal budget expenditures. Since the start of the war, 57.144 trillion rubles has been spent on the army and the defense industry, an amount comparable to the Central Bank's gold and foreign currency reserves.

Democratic Senator Richard Blumenthal, on CBS News, urged the U.S. House of Representatives to swiftly pass a sanctions law against Russia that cleared the Senate by a vote of 86 to 11. The document provides for tariffs of up to 100% on the five largest buyers of Russian hydrocarbons.

Finnish President Alexander Stubb stated at the World Economic Forum that an economic downturn will not make Russia end the war. In his words, the regime will only change course when it feels a personal threat.

A leak of an internal Sberbank document, published by the hackers of Black Mirror, reveals eight scenarios for ending the war: Russia's chance of military victory is assessed at just 7%.

The Russian stock market has crashed by 30%, and «Polyus» shares have lost half their value in two weeks. Ukrainian intelligence reports a mass flight of oligarchs into cryptocurrency and real estate abroad. 💸📉 #Economy #Russia #Crisis

Putin's optimism about the "resilience" of the economy is shattered by real figures: a budget deficit of 5.7 trillion rubles and a gasoline shortage in the regions. Experts note that the growth in lending is not development, but an increase in the debt burden on the population. 📉🇷🇺

The Russian market crashed to a low not seen since late 2022 amid news of a new US sanctions package 📉. Investors are massively selling shares of Gazprom, VTB, and VK, fearing 100% tariffs for buyers of Russian oil. 🇺🇸🇷🇺