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Russia

Russia is a transcontinental country spanning Eastern Europe and northern Asia, and the world's largest country by land area. Its capital is Moscow, and the country has a population of about 144-million people. Russia operates as a federal semi-presidential republic, though its governance has become increasingly centralised under President Vladimir Putin. The economy is heavily dependent on natural resources, particularly oil, natural gas, coal and metals, which dominate exports and government revenues. Russia is a major global energy supplier, with state-controlled companies such as Gazprom and Rosneft playing pivotal roles in international energy markets. The country is also a significant producer of wheat, fertilisers and military equipment. Russia's currency is the rouble, and it is a member of regional blocs including the Eurasian Economic Union and BRICS Plus. The country has historically been a destination for labour migration from former Soviet states and, more recently, has sought to expand economic and diplomatic ties with African nations. Since the 2022 invasion of Ukraine, Russia has faced extensive international sanctions that have reshaped its trade relationships and prompted closer engagement with non-Western economies. Russia's business environment is characterised by state influence in strategic sectors, regulatory complexity and geopolitical volatility.

Russia News


Magazine Cover Image
Outlook for platinum buoyed by new industrial applications as investment demand weakens
25th September 2026 By: Tasneem Bulbulia

While total demand for platinum is forecast to decrease this year, there are industries that stakeholders can leverage and strengthen, while market fundamentals still support the metal as a... 


An oil rig
IEA warns 2026 oil supply gap will widen on delayed return of normal Gulf flows
11th September 2026 By: Reuters

LONDON – Global oil supply and demand will fall further than previously thought this year, the International Energy Agency said on Friday, as a lack of progress in ending the Iran war delays the... 


Conflict-driven supply constraints impair aerospace manufacturing stability
11th September 2026 By: Nadine Ramdass

Geopolitical factors, including regional conflict, have exacerbated titanium and aluminium value chain constraints, raising concerns for aerospace manufacturing, says critical material supply chain... 


Diesel dripping
Goldman Sachs raises oil price forecasts on prolonged Mideast shipping risks
8th September 2026 By: Reuters

Goldman Sachs raised its Brent and West Texas Intermediate (WTI) crude oil price forecasts by $5 a barrel for December 2026 and 2027, citing an expectation that shipping disruptions in the Middle... 


Iron-ore pellets
Ferrexpo shares soar as trading resumes, some production restarts
7th September 2026 By: Reuters

Shares in Ukraine-focused iron-ore pellet producer Ferrexpo shares surged as much as 60% when they resumed trading on Monday after several months of suspension. The company last week said it had... 


The Rossing uranium mine
IDC to sell its stake in Namibian uranium mine
4th September 2026 By: Bloomberg

South Africa’s Industrial Development Corporation (IDC) plans to sell its stake in a Namibian uranium project because the mine’s backers include Iranian and Russian entities. The IDC owns about... 


Iron-ore pellets
Ukraine-focused miner Ferrexpo to raise $100m in funding
4th September 2026 By: Reuters

Ukraine-focused miner Ferrexpo on Thursday proposed an equity fundraise for about $100-million to support the company's working capital and ongoing operations, after reporting results for the year... 


An image of Simandou
Iron-ore production set for further growth to 2030 – BMI
31st August 2026 By: Tasneem Bulbulia

Global iron-ore production growth will accelerate over 2026 to 2030, averaging 2.2% growth over that period, compared with 1.2% over the previous five years, with production expected to reach... 


Alrosa diamond
Alrosa posts H1 loss due to weak diamond market, strong rouble
28th August 2026 By: Reuters

Russian diamond miner Alrosa, the world's largest diamond producer, slipped into a loss in the first half of 2026 amid an ongoing industry crisis and a strong rouble, the company said on Thursday.... 


Crude oil
US refiners face historic stress test as global crisis looms, Reuters columnist says
24th August 2026 By: Reuters

US refineries have operated near maximum capacity for the longest sustained period in over a quarter century,scrambling to capture windfall profits created by the Iran war. But history offers a... 


Norway Energy Minister Terje Aasland
Norway will drill in Arctic regardless of EU's position, says energy minister
24th August 2026 By: Reuters

Norway will continue developing its oil and gas resources in the Barents Sea regardless of the European Union's support for a moratorium on Arctic hydrocarbon supplies, and no longer sees itself as... 


Steel mill
Indian steel mills face margin squeeze as global coking coal prices rise
19th August 2026 By: Reuters

Indian steel mills are facing mounting pressure on margins as higher coking coal prices, driven by supply disruptions in Australia and China and the Iran war, raise steelmaking costs, executives... 


An image of the Tumela mine at the Amandelbult operation
First half PGM supply shows recovery, rather than sustained production growth – Heraeus
17th August 2026 By: Tasneem Bulbulia

South African platinum group metal (PGM) mine production recovered strongly in the first half of this year, although much of the improvement reflects normalisation from the weather-disrupted first... 


Aluminium
Aluminium on thin ice as LME stocks hit 36-year low, Reuters says
14th August 2026 By: Reuters

London Metal Exchange (LME) stocks of aluminium have slumped to their lowest level since 1990, attesting to the supply-chain dislocation caused by the Iran war. Gulf production of primary... 


Oil rig
Global 2026 oil supply shortfall to deepen as Hormuz reopening remains elusive, IEA says
13th August 2026 By: Reuters

Global oil supply will fall by 4.3-million barrels per day (bpd), or around 4%, this year, the International Energy Agency (IEA) said on Wednesday, as renewed hostilities in the Middle East disrupt... 


Northern Star Resources' Kalgoorlie operations
Australia's gold mining industry has 'bright' future – Surbiton Associates
3rd August 2026 By: Creamer Media Reporter

The outlook for Australia's gold mining industry looks bright, with announced plans for new gold mines, expansions to existing operations and new treatment capacity set to drive further growth in... 


Vanadium ore
Central Asia vanadium miner Ferro-Alloy Resources appoints Secker CEO
31st July 2026 By: Marleny Arnoldi

London-listed Ferro-Alloy Resources has appointed Peter Secker CEO effective mid October, following which current CEO Nick Bridgen will transition to non-executive deputy chairperson. Ferro-Alloy... 


Aluminium bar
LME aluminium stocks fall to lowest this century
27th July 2026 By: Reuters

Aluminium stocks on the London Metal Exchange have slumped to their lowest this century as supply constraints in the war-hit Middle East leave consumers drawing down inventories to secure metal.... 


A generic image of palladium rocks
Sibanye-Stillwater appeals US decision over Russian palladium import dumping
21st July 2026 By: Lumkile Nkomfe

JSE-listed Sibanye-Stillwater has appealed a US International Trade Commission (ITC) ruling, arguing that unfairly subsidised and dumped Russian palladium imports are lowering global prices and... 


Oil refinery
Forget crude, war pushes refiners to the brink - Reuters
20th July 2026 By: Reuters

The global oil refining industry is flashing warning signs. The supply chain for the products that fuel the global economy is under growing stress as conflicts in the Middle East and Russia ripple... 


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pqt: 0.107s - ct: 0.155s - 275pq - 2rq
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