News

Latest updates, insights, and analysis.

February 18, 2026

Iraq Approves Lukoil’s West Qurna 2 Oil Field Transfer To Basra Oil

Iraq’s cabinet has approved an “amicable settlement” with Russia’s Lukoil on transferring oil production operations at the huge West Qurna 2 field to the Basra Oil Company. The agreement concerns invoices and the employment of foreign personnel certified by an authoritative external auditor, the cabinet said in a statement. The transfer has occurred in line […]

February 17, 2026

Russian Economy Not ‘Collapsing’ – January 2026 Analyis and Data 

There has been a lot of noise about the Russian economy ‘collapsing’, and especially in speeches made last week by several European politicians. But is it? Here are nine Russian January 2026 economic indicators:   Other Dubious Statements About Russia There were also several dubious statements made by European leaders in terms of describing the […]

February 17, 2026

New Russo-Turkish Joint Venture Established For Seed Production

Russia’s Rusagro Group, one of the country’s leading agricultural businesses, has created a joint venture, Solrost, with Turkish businessman Sarikurt Bedirkhan for seed production. Solrost will cultivate grains (except rice), leguminous crops, and oilseed seeds. 67% of Solrost is owned by Rusagro, with Bedirkhan holding 33%. Bedirkhan is associated with the Turkish agricultural company, Genesis […]

February 17, 2026

Russia-Afghanistan Trade Breakthrough As Dagestan & Kabul Sign Agreements: Analysis

The Afghanistan Chamber of Commerce and Investment (ACCI) has held meetings with a Russian trade delegation from Dagestan to discuss strengthening bilateral trade and economic cooperation. This follows reports from several media outlets that on February 14, the Afghanistan Chamber of Commerce and Industries (ACCI) announced the signing of five commercial agreements worth a total […]

February 16, 2026

Russia Achieves Self-Sufficiency From Domestic Potato Harvest 

Russia achieved self-sufficiency in potatoes from its own harvest at 97.9% in 2025, with the indicator for the food security doctrine at 95%, the Russian Agriculture Ministry has stated. Russia has also come close to achieving self-sufficiency targets for vegetables and melons at 89.6%, with the doctrine indicator at 90%. According to preliminary data from […]

February 16, 2026

South Korean Imports Of Russian Barley Up 9.3 Times In January 

South Korea imported 8,200 tonnes of barley from Russia in January, up 9.3-fold compared to the figure from January 2025, according to Seoul’s customs statistics. The export value of these supplies increased from US$215,000 in January 2022 to US$2 million in January 2025. This means that Russia is now the second-largest supplier of barley to […]

February 16, 2026

Russian Molasses Exports Up 2.2 Times In 2025

Russia’s exports of molasses rose 2.2 fold in 2025, to reach nearly US$58 million in value. In physical terms, shipments increased 28% to 555,000 tonnes, the Agroexport federal center has said. Molasses are derived from sugar beet and are used as a sweetener in numerous consumable products from beer to sauces and baking.  The main […]

February 14, 2026

Russia’s New Entrepreneurs—Expanding Into The Middle East

Part One of a Seven-Part Series in which we document the rise of the new outbound Russian entrepreneurial investor. The Gulf Cooperation Council (GCC) region has emerged as one of the most strategically contested economic theaters of the 2020s. No longer defined solely by hydrocarbons, the Gulf today represents a global capital allocator, logistics nexus, […]

February 13, 2026

Russia To Supply Cuba With Oil

Russia is preparing to send a shipment of oil and petroleum products to Cuba, Moscow’s embassy in Havana has announced. The island is facing its worst energy crisis in years after the US doubled down on its campaign to cut off its energy supplies. The fuel crisis intensified dramatically after US forces kidnapped Venezuelan President […]

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