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Russia20 Apr

Swedish intel: Russia's economy fails to recover

Sweden's military intelligence chief says Russia's economy remains ailing despite higher oil revenues from the Middle East war.

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Monday, 20 April 2026 at 06:25 UTC
Swedish intel: Russia's economy fails to recover
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Sweden's military intelligence chief, Thomas Nilsson, has assessed that Russia's economy has failed to recover despite a boost to state revenues from rising oil prices during the ongoing Middle East war. The assessment indicates that the Kremlin's coffers, while replenished by higher energy income, have not translated into broader economic health or stability. This suggests underlying structural weaknesses persist, potentially limiting Russia's long-term financial and military capacity.
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