Russian oil price caps have crushed Moscow's war revenue to start the year - despite widespread violations

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Russian President Vladimir Putin.

Pool/Yuri Kadobnov via Reuters

India could rely on Russia for half its oil imports soon as Moscow continues to sell cheap barrels

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Russian President Vladimir Putin.

Alexei Druzhinin/RIA Novosti, Kremlin Pool Photo via AP

Front-line NATO allies worry they could be next after Russia's invasion of Ukraine and are getting ready for a fight

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British soldiers attend the Winter Camp 23 military drills near Tapa, Estonia, Tuesday, Feb. 7, 2023. The Winter Camp exercises are regular drills conducted by NATO's multinational battle group in Estonia led by the United Kingdom.
British soldiers attend the Winter Camp 23 military drills near Tapa, Estonia, Tuesday, Feb. 7, 2023.

China and India are buying so much Russian oil that Moscow's now selling more crude than it was before invading Ukraine

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Sergei Karpukhin/Reuters

Russia faces new sanctions to foil its efforts to get around the old ones

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Russian President Vladimir Putin.
Russian President Vladimir Putin.

MIKHAIL KLIMENTYEV/RIA NOVOSTI/AFP via Getty Images

Russia's war economy isn't as resilient as reports would have you believe

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Happy Friday, team. I'm Phil Rosen. This week we've seen a storm of economic data in the US. 

The alphabet soup of readings — CPI, PPI, and jobless claims — all point to cooling inflation and a softening labor market. 

In theory, that's good news for the Fed, because it suggests its policy is working. 

Russia's economy is worse than Moscow claims because military spending covers up how much the private sector is shrinking

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Russian President Vladimir Putin delivers a speech before a ceremony celebrating Women's Day in Moscow on March 8, 2023.

Mikhail Metzel/Getty Images

Russia's economy in 4 charts: How war, sanctions, and shifting oil flows have reshaped a world power

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Russian President Vladimir Putin gestures during a meeting with journalists after a live broadcast nationwide call-in in Moscow, Russia, April 14, 2016.

REUTERS/Maxim Shemetov

Putin says Russia lost $15 billion in oil and gas revenue last quarter, but thinks the hole can be filled in the next few months

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Russian President Vladimir Putin.

Contributor/Getty Images

Russia's economic stats are 'pure invention from Putin's imagination,' and its economy is actually imploding, Yale researchers say

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Russian President Vladimir Putin talks on the phone as part of a nationwide charity campaign, in Moscow on January 3, 2023.

MIKHAIL KLIMENTYEV/SPUTNIK/AFP via Getty Images

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