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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


Coal mine
China’s coking coal supply squeeze seen lingering into 2027
Updated 6 hours ago By: Bloomberg

China’s coking coal squeeze is set to persist into next year, supporting strong import demand even as efforts to revive domestic output start to cool prices. The supply shock triggered by the... 


Norwegian oil and gas infrastructure
EU to keep opposing new Arctic oil drilling, despite pressure from Norway
22nd September 2026 By: Reuters

The European Union will maintain its opposition to new oil and gas drilling in the Arctic, a European Commission spokesperson said on Monday, despite Norwegian pressure to drop the EU ban. The EU... 


BHP coal heap
Indian utilities' August coal imports surge to 15-month high as heat boosts demand
17th September 2026 By: Reuters

Indian power producers' coal imports in August rose to a 15-month high as a heat-wave and lower hydropower generation boosted electricity demand, prompting utilities to turn to costly overseas... 


Chevron gas infrastructure
Chevron eyes Argentina, Mediterranean for global LNG growth, deal with India
14th September 2026 By: Reuters

Chevron is looking to expand its global gas portfolio from Argentina to the Mediterranean to meet growing demand from buyers concerned about energy security due to the crisis in the Middle East,... 


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... 


An image of a platinum bar
Platinum market records second-quarter surplus, but inventories still constrained
9th September 2026 By: Tasneem Bulbulia

The platinum market recorded a surplus in the second quarter of the year, for the second successive quarter, at 244 000 oz, industry organisation the World Platinum Investment Council’s (WPIC’s)... 


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... 


Raw copper produced in Zambia at port
India revives talks with Zambia to invest in critical minerals, sources say
1st September 2026 By: Reuters

India has resumed talks with Zambia to explore investment opportunities in copper and other critical minerals, two sources said, as New Delhi looks increasingly overseas for raw materials to meet... 


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... 


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pqt: 0.028s - ct: 0.071s - 105pq - 2rq
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