Economy

Tatneft has restricted the sale of gasoline at its gas stations in several regions. The day before, the company's refinery in Tatarstan came under drone attack.

At Tatneft gas stations in various regions of Russia, restrictions on the sale of gasoline per person have begun to be introduced. The day before, Ukrainian drones attacked the company's refinery in Tatarstan.

Rocket Instead of Pensions: How Elon Musk Inflates SpaceX's Value with Funds and Unfulfilled Promises

Elon Musk managed to overtake his main competitors in the field of artificial intelligence - Anthropic and OpenAI, being the first to complete preparations for an initial public offering (IPO). In fact, Musk intercepted their opportunity to secure large-scale and scarce investments.

Results of SPIEF-2026. Sergey Aleksashenko

In a new episode of the program "Guns or Butter," Ekaterina Mereminskaya and economist Sergey Aleksashenko discuss how SPIEF went this year - from Putin's speech to...

Limits on Jet Fuel Distribution Introduced in Russian Airports Due to Shortage

Ukrainian drone strikes on Russian oil refineries are beginning to affect the domestic jet fuel market. Several Russian airports have issued notices (NOTAMs) regarding restrictions on aircraft refueling. This was observed by the specialized Telegram channel "Aviation Mezzanine," and The Insider verified the information in the database of the Federal Directorate of International Aviation.

Vladimir Putin's and Patriarch Kirill's wineries received medals at a European wine competition

In one of the major European wine competitions Concours Mondial de Bruxelles (CMB), 19 Russian wineries took part, 7 of which are located in occupied Crimea. Most of these wineries belong to Vladimir Putin's circle, including two personally associated with him and located at the palace in Gelendzhik – "Krinitsa" and "Usadba Divnomorskoye".

Due to the AI boom, European buyers are paying for spots in multi-year queues for gas turbines for electricity generation

European buyers are paying reservation fees to secure a place in the production queue for gas turbines – the equipment shortage is a consequence of the data center boom and mass electrification, Bloomberg writes.

Russian authorities announced record gold production. The difference with real production may exceed 100 tons

The head of the Ministry of Natural Resources, Alexander Kozlov, stated in an interview with RIA Novosti that gold production in Russia in 2025 will be 480–485 tons, and in 2026 it may reach 480–500 tons. At first glance, these figures seem sensational: independent estimates are significantly more modest. According to a report by Metals Focus, gold production in Russia in 2025 was about 345 tons, compared to 330 tons a year earlier.

SpaceX Conducts Largest IPO in History, Bringing Musk Closer to Becoming the First Trillionaire

SpaceX raised $75 billion in its initial public offering (IPO), marking the largest stock market debut in global history. The company's shares were offered at $135 each, with a total offering size of 555.6 million shares.

Volkswagen to Cut 19,000 Employees in Germany by Year-End

Volkswagen continues to implement a large-scale reduction program in Germany: by the end of the year, the concern's staff will decrease by 19,000 people. The company's CEO Oliver Blume will inform shareholders about this at the annual meeting, Reuters writes.

State Duma Allows Government to Borrow Above Limit Without Budget Law Amendments

The Russian parliament has empowered the government to increase spending and borrow on the domestic market without amending the budget law. Amendments to the Budget Code passed all three readings, with the government submitting them to the Duma earlier in the week.

Kuban authorities reported a halt in fuel sales at 15 out of over a thousand gas stations. Residents continue to complain about queues and shortages

Out of over a thousand gas stations in the Krasnodar region, fuel sales have been suspended at only 15, according to the regional operational headquarters, citing data from the Ministry of Fuel and Energy and Housing and Communal Services. According to officials, these are small private gas stations in Krasnodar, Krasnoarmeysky, Kushchyovsky, Slavyansky, and Ust-Labinsky districts.

Kuibyshev Refinery Halted After Drone Attack. Two Other Samara Rosneft Plants Also Previously Halted

The Kuibyshev Oil Refinery has stopped operations following a massive drone attack on the Samara region, Reuters reported, citing industry sources. According to the agency, both primary oil refining units – CDU-4 and CDU-5 – have been shut down. Each unit has a capacity of about 10,000 tons, or 73,000 barrels per day. According to sources interviewed by journalists, the strike caused equipment damage and a subsequent fire.