EnergyPolicy

Russia’s Coal Industry Implodes as Global Energy Shift Accelerates

Russia’s coal industry is experiencing its worst crisis in decades with massive financial losses and widespread closures. Meanwhile, renewable energy and battery storage are becoming the fastest-growing segments of the global economy, signaling a fundamental energy transition.

Russia’s Coal Industry in Freefall

Russia’s coal sector is facing its most severe crisis since the 1990s, with catastrophic financial losses mounting as exports collapse and domestic producers struggle to remain solvent. According to reports, the industry lost approximately Rbs 225 billion (US$2.8 billion) in the first seven months of 2025 alone—more than double the total losses recorded in all of 2024.

PolicyTrade

Western Nations Intensify Efforts to Curb Russian Oil Purchases by Major Asian Economies

The United States and Britain are escalating efforts to limit Russia’s oil revenue streams amid ongoing conflict in Ukraine. Recent developments include diplomatic pressure on India and new sanctions targeting Russian and Chinese energy entities involved in petroleum trade.

Diplomatic Pressure Mounts on Asian Oil Buyers

Western powers have significantly increased pressure on key allies and trading partners to reduce their reliance on Russian oil exports, according to recent reports from diplomatic and industry sources. The coordinated effort comes as the conflict in Ukraine continues to impact global energy markets and international relations.