In Russia, wholesale gasoline sales have fallen to a two-year low, prices are breaking records, and the shortage is worsening in the regions of the Russian Federation due to high demand among farmers and the shutdown of refineries after attacks by Ukrainian drones.

Ukraine war, President Trump has demanded NATO members that still buy Russian oil and gas end their reliance and find new supplies.

On paper, the project — known as the Power of Siberia 2 — would give Russia a way to replace some of the revenue from its decades of selling natural gas to Europe that was lost over its invasion of Ukraine. The pipeline would carry gas from reserves in western Siberia through Mongolia to China.

Russia needs China more than China needs Russia. Both parties are aware of this, and Beijing is eager to deepen Russia’s strategic dependence.

Russia's oil and gas revenues are projected to significantly decline in September due to lower crude prices and a stronger ruble, impacting the Kremlin's budget.

Russia's oil pipeline monopoly Transneft has warned producers they may have to cut output following Ukraine's drone attacks on critical export ports and refineries, three industry sources said on Tuesday.

Russia and Vietnam have developed a mechanism to conceal arms deal payments to avoid American and other Western sanctions, using profits from joint energy-sector ventures to pay for defense contracts,

It's the third time that Russian troops have been reported using gas or water pipes to advance through Ukrainian lines.

Russian gas producer Novatek supplied about 70,000 metric tons of gas condensate to the Black Sea port of Novorossiisk in September amid the shutdown of its Ust-Luga gas condensate complex, two sources familiar with the matter told Reuters.

By Ben Aris in Berlin The extreme sanctions imposed on Russia have hit industrial sectors the hardest, which have been almost entirely dependent on imports of high quality foreign made machinery for almost all of the last three decades since the fall of the Soviet Union.