Moscow: Moscow is pushing back against warnings from U.S. President Donald Trump that Russia’s economy is on the verge of collapse. Trump pointed to gasoline shortages and the strain of the ongoing war in Ukraine as signs of severe economic stress. In response, Russia’s Deputy Prime Minister Alexander Novak insisted that domestic fuel supplies are stable and that the government is managing production and consumption effectively.

While Russia projects modest economic growth of around one percent for 2025, the International Monetary Fund has downgraded its forecast to 0.6 percent. Analysts note that high inflation, reduced foreign investment, and slowing business activity suggest that the country faces mounting economic challenges despite official reassurances.

The situation has been compounded by Ukraine’s targeted strikes on Russian energy infrastructure. These attacks have reportedly affected around 20 percent of Russia’s fuel supply, prompting Moscow to import gasoline from Belarus and China to stabilize the market.

Meanwhile, the United States and its allies are preparing additional measures to pressure Russia economically. Proposals include sweeping new sanctions and tariffs aimed at countries continuing to import Russian energy.

As tensions rise, Russia maintains a narrative of stability, but economic indicators and external pressures suggest that the country faces significant challenges in sustaining its war effort and domestic economy. Analysts caution that while an immediate collapse may not be imminent, the cumulative impact of sanctions, energy disruptions, and reduced investment could weigh heavily on Russia in the months ahead.