What Kommersant, RBC, Vedomosti, Interfax and Forbes Russia report — selected and summarized in English every morning, for readers who don't read Russian. Analysis-grade sourcing, no wire rehash. Data context in the Russia Terminal. Regional wires: Central Asia · Caucasus.
Rosstat put June inflation back above 6% on surging fuel prices, Rostov region began rationing fuel at the pump, and the IEA recorded the highest Russian crude exports since 2022.
Consumer prices rose 0.87% in June after 0.17% in May, lifting annual inflation to 6.02% from 5.31% a month earlier, Rosstat reported. The print came in above the 5.99% consensus of analysts polled by Interfax; gasoline (+6.9% on the month) and diesel (+7.1%) were the main drivers, and services prices are up 10.58% year over year. Renewed price pressure narrows the central bank's room for further key-rate cuts.
Source: Interfax, 10 Jul 2026
The Rostov regional government limited private cars to 30 liters of gasoline and 60 liters of diesel per fill-up; trucks may buy up to 200 liters, intercity buses up to 300. Officials cite speculative demand, a difficult logistics situation and repairs at several of the country's refineries; emergency services, utilities, railways and public transport are exempt. Retail rationing in a major southern region shows refinery outages now hitting regional supply — a planning risk for any company running vehicle fleets in Russia.
Source: Interfax, 10 Jul 2026
Russia exported 7.71 million barrels a day of crude and products in June, up 390,000 b/d from May and 490,000 b/d above June 2025, according to the International Energy Agency. Crude alone rose 620,000 b/d to 5.8 million b/d, the highest since 2022, with Indian buyers taking roughly half at 2.6 million b/d; product exports fell to 1.91 million b/d after the jet fuel export ban added to the existing gasoline embargo. Lower prices cut export revenues by almost $5 billion month over month to $15.84 billion — still $2.53 billion more than a year earlier.
Source: Interfax, 10 Jul 2026
Russia's consolidated budget ran a deficit of 4.96 trillion rubles (roughly $65 billion) in the first five months of 2026, the Federal Treasury reported, on revenues of 31.1 trillion and expenditures of 36.1 trillion rubles. The federal deficit alone stood at 5.93 trillion rubles (about $77 billion), partly offset by a 285 billion ruble surplus in regional budgets. The May shortfall of 263 billion rubles marks a slower pace than in the first four months, which averaged over a trillion rubles a month.
Source: Interfax, 10 Jul 2026
MOEX adds a futures contract on the US benchmark WTI to its derivatives market, alongside existing contracts on Brent, Henry Hub and Dutch TTF gas. The number of clients trading energy futures rose 52% year over year to almost 100,000 in the first half of 2026, the exchange's derivatives head Maria Patrikeeva said. The listing gives domestic investors a tool to hedge and arbitrage global oil benchmarks without access to Western exchanges.
Source: Forbes Russia, 10 Jul 2026