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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


Oil rig
Global 2026 oil supply shortfall to deepen as Hormuz reopening remains elusive, IEA says
Updated 2 hours 50 minutes ago 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... 


Burton coal complex
Surge in China's coal imports may start to taper off
11th August 2026 By: Reuters

China's coal imports surged to the highest this year in July but the strength is deceiving and built on short-term factors that are unlikely to persist. Total coal imports rose 23% in July from... 


Gold bars
Business breakfast discusses key priorities for Australian gold value chain
4th August 2026 By: Lumkile Nkomfe

Australian industry association Gold Industry Group (GIG) has highlighted ongoing provenance, responsible sourcing, industry consolidation and precious metal investments as emerging key priorities... 


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... 


Uranium oxide in hand
US company seeks to produce uranium for nuclear energy from seawater
15th July 2026 By: Reuters

Texas-based SuperCritical Materials Corp said on Tuesday it has won an exclusive license from the US Department of Energy (DoE) to extract uranium from seawater, a process that was developed by US... 


US Vanadium plant in Arkansas
Chemicals wholesale US Vanadium scores largest contract in its history
14th July 2026 By: Marleny Arnoldi

Industrial chemicals wholesaler US Vanadium has been awarded the single-largest contract in the company's history by the US Defence Logistics Agency's strategic materials team, to supply... 


Russian LNG seaport
EU imports record LNG volumes from Russia's biggest plant ahead of ban
13th July 2026 By: Reuters

European Union countries imported record-high volumes of liquefied natural gas (LNG) from Russia's Yamal facility in the first half of this year, EU data showed on Monday, ahead of a ban on Russian... 


Oil in hand
Oil prices settle at pre-Iran war levels as crude output grows
7th July 2026 By: Reuters

Oil prices settled around pre-Iran war levels on Monday as Saudi Arabia slashed its official selling prices, OPEC+ approved another production target increase starting in August, and exports... 


AVI KRAWITZ
The diamond industry is taking steps to give consumers assurance that the diamonds they purchase are ethically sourced and to give them the confidence to buy
Diamond industry at a turning point – expert
26th June 2026 By: Keabetswe Shilakwe

The natural diamond industry’s legacy operating model of scarcity driving desire and desire driving price is under strain and as the industry moves forward, producers and traders confront pressures... 


Menar coal mine
India nears 50% domestic coal use in import-based power plants, sources say
24th June 2026 By: Reuters

India is increasing the use of domestic fuel to more than 50% at power plants designed to run on imported coal, as the world's second-largest thermal coal importer seeks to curb costly overseas... 


Coal processing plant in Russia
India pivots to Russian crude and coal to mitigate Iran war fallout
23rd June 2026 By: Reuters

India has swung to buying Russian crude oil and coal to bolster its energy supplies after flows were disrupted and prices rose during the Iran conflict. The world's third-largest oil importer is... 


An image of gold
Gold central bank demand to persist – Heraeus
22nd June 2026 By: Tasneem Bulbulia

Gold’s characterises and the demand for this precious metal make it an excellent reserve asset; therefore, central bank demand is likely to continue to persist into the future, Heraeus Precious... 


The Unki smelter
Zimbabwe platinum producers owed $228m in unpaid export earnings
19th June 2026 By: Reuters

Zimbabwe's government owes platinum miners $228-million in unpaid export income under its foreign currency retention system, exerting pressure on a sector recovering from a price collapse, an... 


Pembroke coal exports
China's coking coal imports set to rise as Shanxi mine disaster hits supply, traders say
19th June 2026 By: Reuters

China's imports of coking coal, a steelmaking ingredient, are set to rise further this year after a fatal mine accident reduced domestic supply, traders said. Chinese importers have turned to... 


An oil tanker at sea
Hormuz reopening to release wave of oil supply, depress prices
18th June 2026 By: Reuters

Middle Eastern crude oil markets could come under further pressure if the Strait of Hormuz reopens on Friday following the US-Iran interim deal, releasing-millions of barrels of oil stranded in the... 


Oil rig operation in Iran
IEA sees significant 2027 oil surplus after Hormuz recovery
17th June 2026 By: Reuters

The oil market will move into a significant supply surplus in 2027 after recovering from the closure of the Strait of Hormuz, the International Energy Agency (IEA) said in its monthly oil market... 


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pqt: 0.098s - ct: 0.151s - 275pq - 2rq
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