The oil price spike won't fix Russia's strained finances, an analyst says

Tech Insider : Business, Economy
Russia's President Vladimir Putin
Higher oil prices typically boost President Vladimir Putin's budget, which helps finance Russia's war in Ukraine.

Sergei Fadeichev/Pool/AFP/Getty Images

Russia says the US is pushing its companies out of Venezuela's energy sector

Tech Insider : Economy, Business
Russian President Vladimir Putin.
The administration of Russian President Vladimir Putin faces uncertainty over its ties with Venezuela following the US military operation in January.

Sefa Karacan/Anadolu/Getty Images

Russia's new Geran-5 turbojet drone looks like Iran's Karrar UAV and is souped up with American parts, Ukraine says

Tech Insider : Business
A 3D sketch of the Geran-5 can be seen on a plain background.
GUR has uploaded a model of the Geran-5 and its foreign parts. The drone's warhead is shown mounted near the aircraft's nose.

Screenshot via the Ukrainian government "War & Sanctions" website

Russia is still exporting plenty of oil — but earning far less to fund its war on Ukraine

Tech Insider : Economy, Business
Russian President Vladimir Putin looks on.
Russian President Vladimir Putin.

Getty Images

Russia's oil revenues plunge just as US sanctions hit when Moscow can least afford it

Tech Insider : Economy, Business
Russian President Vladimir Putin speaks during an award ceremony at the Kremlin
Russian President Vladimir Putin speaks during an award ceremony at the Kremlin

Getty Images

Russia's missiles and drones run on Western tech. Here's how it keeps getting the parts.

Tech Insider : Business, Economy, Technology
Dmytro Chubenko of the Kharkiv regional prosecutor's office stands beside the remains of a Russian-made, Iran-designed Shahed-136 drone, known as a Geran-2 in Russia, with a cheap decoy known as a Gerbera, to the left, as the prosecutor's office maintains a collection of Russian drones, glide bombs, missiles and rockets launched at Ukraine as evidence for eventual war crimes prosecutions against Russia, on July 30, 2025 in Kharkiv, Ukraine.
Ukraine c

A European region has no heating after Russian gas stops flowing via Ukraine. An energy supplier told families to gather in one room to stay warm.

Tech Insider : Economy, Politics, Business
Residents of the Transnistria region wait in line to vote during Moldova's second-round presidential election at a polling station in Costesti, northern Moldova.
Transnistria declared a state of emergency ahead of an anticipated halt in piped natural gas supplies from Russia.

Daniel Mihailescu/AFP/Getty Images

Putin tells Russians there's no reason to panic as the ruble sinks, but analysts say its economy is in trouble

Tech Insider : Economy, Economy, Business
A close-up of Putin looking upward.
Russian President Vladimir Putin said there was no reason to panic about the ruble's slide.

REUTERS/Yves Herman

The West is trying to starve the wrong part of Russia's war machine, defense experts say

Tech Insider
Russian artillery fires at Ukrainian positions in the Artemovsk direction in late March.
Defense experts argue the West should sanction key materials and components needed for Russian artillery.

Russian Defense Ministry/Anadolu via Getty Images

Russia can rely on China for the yuan, but China can't rely on anyone else

Tech Insider : Economy, Economy
Russian President Vladimir Putin greets Chinese President Xi Jinping against a backdrop of China and Russia flags.
Chinese President Xi Jinping and Russian leader Vladimir Putin.

Contributor/Getty Images

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