Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on The Russia Industry Report.
Media reports Indian coal shipments from Russia reach two year high
MENAFN
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July 7, 2025
(MENAFN) India’s imports of Russian thermal coal surged to a two-year high in May, reaching 1.3 million tons, according to a report published Friday by Kommersant. The increase was largely driven by attractive pricing and the superior quality of...
India discusses concerns with US over Russia energy sanctions
MENAFN
·
July 7, 2025
(MENAFN) India has voiced its concerns to the United States regarding a bill that proposes imposing 500% tariffs on countries conducting business with Russia, Indian Foreign Minister S. Jaishankar said on Wednesday. Speaking during a Quad foreign...
Iran’s Foreign Minister Addresses Regional Tensions with Russian, Turkish Counterparts
MENAFN
·
July 7, 2025
(MENAFN) Iranian Foreign Minister Seyed Abbas Araghchi met with his Russian and Turkish counterparts on Sunday to address escalating tensions in West Asia, amid rising concerns over regional conflict. The high-stakes diplomatic exchanges took...
Moscow clarifies acknowledgement of Taliban
MENAFN
·
July 7, 2025
(MENAFN) Russia has officially recognized the Taliban government in Afghanistan to deepen cooperation and initiate comprehensive political engagement, according to Zamir Kabulov, the Russian presidential envoy to Afghanistan. Speaking to RT on...
Russian Forces Intercept Six Ukrainian Drones
MENAFN
·
July 7, 2025
(MENAFN) Russian air defense forces intercepted and destroyed six Ukrainian drones that attempted to strike Moscow on Sunday, according to Moscow Mayor Sergei Sobyanin. Emergency responders are currently on site, managing the wreckage left behind...
Ukraine Reports Russian Drone Assault Wounded Nearly Thirty
MENAFN
·
July 7, 2025
(MENAFN) At least 27 people were wounded in a wave of Russian drone strikes targeting the northeastern Ukrainian city of Kharkiv early Monday, according to Ukrainian officials. “Twenty-seven people were injured, including three children. As of...
Indian refineries increase buying of Russian crude
MENAFN
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July 7, 2025
(MENAFN) India has emerged as the leading buyer of Russia’s seaborne Urals crude in 2025, accounting for 80% of total exports, Bloomberg reported, citing data from analytics firm Kpler. Two private Indian refineries—Reliance Industries and Nayara...
Finance minister assures Russia will not bend under sanctions
MENAFN
·
July 7, 2025
(MENAFN) Russia has successfully adjusted to unprecedented international sanctions and continues to grow its economy, Finance Minister Anton Siluanov said in an interview with RT’s Sanchez Effect. Despite being the most heavily sanctioned country...
US removes Russia sanctions which prevented main NPP construction in Hungary
MENAFN
·
July 7, 2025
(MENAFN) The United States has lifted sanctions that had previously blocked financial transactions through Russia’s Gazprombank connected to the construction of Hungary’s Paks-2 nuclear power plant. On Friday, the U.S. Office of Foreign Assets...
Wealthiest Russians accumulate USD24 billion to wealth
MENAFN
·
July 7, 2025
(MENAFN) Russia’s wealthiest individuals collectively increased their fortunes by more than $24.5 billion during the first six months of 2025, according to data from the Bloomberg Billionaires Index released on Monday. The index monitors the...
Central bank announces Russia’s international reserves reaching record high
MENAFN
·
July 7, 2025
(MENAFN) Russia's international reserves have climbed to a historic peak of $687.7 billion as of late June, according to the country’s central bank. The Bank of Russia reported on Thursday that the increase of $500 million over the week ending...
China reconsiders recent Russian mega gas pipeline
MENAFN
·
July 7, 2025
(MENAFN) China is showing renewed interest in Russia’s proposed Power of Siberia 2 gas pipeline, especially in light of recent tensions in the Middle East, the Wall Street Journal reported on Tuesday, citing Chinese government sources. The...
Putin removes Russian transport minister from position
MENAFN
·
July 7, 2025
(MENAFN) Russian President Vladimir Putin has officially removed Roman Starovoyt from his position as the country’s transport minister, according to a decree published on the Kremlin's website on Monday. The document confirms Starovoyt’s dismissal...
OPEC+ Fast-Tracks August Oil Production
MENAFN
·
July 7, 2025
(MENAFN) OPEC and its partner nations, collectively referred to as OPEC+, revealed on Saturday their plan to raise oil production by 548,000 barrels per day (bpd) in August—an accelerated increase compared to July’s 411,000 bpd rise. This move...
Putin Removes Russian Transport Minister
MENAFN
·
July 7, 2025
(MENAFN) On Monday, Russian President Vladimir Putin signed an official decree terminating Roman Starovoyt from his position as the nation’s Transport Minister. The decree, which was published on the Kremlin’s official website, confirmed...
Officer Suffers Injury in Knife Assault in Russia
MENAFN
·
July 7, 2025
(MENAFN) A law enforcement officer suffered grave wounds during a stabbing incident on Friday in the southern Russian city of Nalchik, as per statements from regional officials. Nalchik is situated within Kabardino-Balkaria, a region predominantly...
Slovakia Vows to Resist EU Russian Gas Phase-Out Plan
MENAFN
·
July 7, 2025
(MENAFN) Slovakia will stand firm in defending its right to continue importing Russian gas, Prime Minister Robert Fico declared on Saturday, vowing to resist efforts by Brussels to eliminate Russian energy from the EU market. Fico emphasized that...
Putin clarifies consequences if West ‘robs’ Russia’s reserves
MENAFN
·
July 7, 2025
(MENAFN) President Vladimir Putin has warned that any Western move to confiscate Russia’s frozen sovereign assets would trigger a permanent global shift toward regional payment systems, a change he believes would ultimately benefit the global...
Putin Orders Dismissal of Russia’s Transport Minister
MENAFN
·
July 7, 2025
(MENAFN) On Monday, Russian President Vladimir Putin formally signed a decree that removes Roman Starovoyt from his position as Transport Minister. This high-level decision was officially announced through a statement published on the Kremlin’s...
Slovakia Vows to Defend Russian Gas Imports
MENAFN
·
July 7, 2025
(MENAFN) Slovakia has declared its determination to defend its access to Russian gas, with Prime Minister Robert Fico asserting on Saturday that the country is “ready to fight” to preserve this energy source. He emphasized that maintaining energy...