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Attacks on Russian refineries will cause oil shortages

Location:

RUSSIA

The rising frequency of drone attacks is raising the risk of oil product shortages within Russia. Already Western sanctions on the supply of spare parts had made the maintenance…

EU's oil products ban will hurt Belarusian economy

Location:

BELARUS

EU sanctions from June 24 ban purchases of Belarusian petroleum products and potash fertilisers, though restrictions on the latter are partial. Together with Minsk's retaliatory…

Sanctions will reduce Russia’s oil exports eventually

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RUSSIA

In June 2022, Russia booked almost twice the revenue (USD20.4bn) from such exports. Declining oil income poses a serious challenge to the administration of President Vladimir…

Limits to Russia’s ties with Turkey will persist

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RUSSIA

Energy ties, already deep, have expanded since 2022 as part of a broader reorientation of Russian commerce away from the West. The similarly authoritarian leadership styles of…

Russian market is main hope for Belarus economy

Location:

BELARUS

Despite a war of words over food sourced from Belarus, Russia maintained its overall level of imports from the country last year. Belarusian exports to most of the world fell…

Russia spillover, low oil price will challenge Astana

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KAZAKHSTAN

The slowing down of Kazakhstan's economy continues against a background of slow global growth, the turbulent economic situation in Russia and low oil prices. Lower-than-projected…

Many factors will restrict Russia’s recovery in 2023

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RUSSIA

This turnout was a far milder contraction than the many assessments made at the outset of the invasion of Ukraine of its likely impact on the Russian economy. It prompted a public…

Russia’s decoupling from West looks to be long-term

Location:

RUSSIA

This is Russia’s drastic response to most developed states’ economic sanctions following the invasion of Ukraine. It means a new geography of foreign trade that will not only…

Ukraine invasion threatens oil trade amid volatility

Location:

INTERNATIONAL

Neither Moscow nor the countries which have imposed sanctions on it wish to damage energy trade, but some disruption to Russian oil product flows is likely. The oil market is…

Russia's economic decline will continue this year

Location:

RUSSIA

The recession was far shallower than expected; early forecasts had predicted a contraction of up to 10%. However, economic decline will continue into 2023. Unprecedented sanctions…