Information on current losses of the Russian Federation due to sanctions as of 19.09.2026.
1. Kaspiysk in Dagestan was again attacked by Ukrainian drones.
– On the morning of September 19, a series of explosions was heard in the city, with local residents also reporting the flight of drone groups and air defense activity. Explosions occurred in the port area.
– This is the third attack on the port and naval infrastructure of the Caspian region in September. On September 10, drones attacked the Makhachkala sea port, and on September 11, the port of Kaspiysk, where the Russian Navy’s Caspian Flotilla is based. During the attack on Makhachkala, a fire was recorded in the port infrastructure area.
– Kaspiysk holds significant military importance for Russia: the Caspian Flotilla is based in the city, and nearby are defense enterprises and port infrastructure.
2. Russia increased gasoline purchases from Belarus 23 times.
– Russia sharply increased fuel imports from Belarus due to a gasoline shortage that arose after Ukrainian strikes on Russian oil refineries.
– From January to August, the Russian market received 866,000 tons of gasoline from two Belarusian refineries—23 times more than in the same period last year. Diesel fuel imports increased 5.4 times to 570,000 tons.
– The largest volumes were in July when drone attacks halted production at eight Russian refineries. Russia imported 212,000 tons of gasoline, 162,000 tons of diesel, and 13,100 tons of aviation fuel from Belarus.
– In August, supplies slightly decreased but remained high: 201,000 tons of gasoline, 153,000 tons of diesel, and 9,600 tons of aviation fuel.
3. The owner of Russia’s Wildberries lost $1.5 billion after warehouse strikes.
– The fortune of Tatiana Kim, owner of the largest Russian marketplace Wildberries, shrank by nearly $1.5 billion following Ukrainian strikes on the company’s logistics facilities. According to Bloomberg, her assets are about $6.4 billion compared to $8.1 billion in March. At the end of August, Forbes estimated them at $5 billion.
– Strikes on Wildberries warehouses began on July 18. According to Data Insight, by the end of August, goods worth at least 550 billion rubles were destroyed at the damaged warehouses, and restoring the damaged logistics hubs could cost over 200 billion rubles.
– Attacks on the logistical infrastructure of Russian marketplaces could lead to a loss of about 400 million orders and 400 billion rubles in online trade revenue in the second half of 2026. Wildberries suffered the greatest losses. Due to the damage to warehouses, some goods became unavailable, and delivery in several cities became longer.
4. Russian farmers are reducing wheat sowing due to the export crisis.
– The crisis in Russian grain exports is forcing farmers to reduce winter wheat sowing. Due to the halt in Black Sea port operations and the accumulation of unsold grain, producers are losing income and lack sufficient funds for new sowing.
– As of early September, 2.6 million hectares of winter crops were sown in Russia, including 2.4 million hectares of wheat—approximately 25% less than the average of recent years. It is estimated that the lag behind last year’s pace was 20–30% this week. The problem has already impacted farmers’ decisions. According to a survey, 10 out of 11 small and medium producers stated their intention to reduce wheat sowing. All ten farmers planning reductions estimate them at 15–40%.
– In one survey of Russian agricultural producers, 26% stated they would completely abandon winter wheat, another 32% plan to reduce areas, and only 29% will maintain them at the previous level.
– Russian grain exports in August–September dropped nearly threefold compared to average volumes for these months, reaching their lowest level since at least 2010. Due to the surplus of unsold harvests, domestic prices plummeted. At the beginning of September, Russian wheat was selling for more than $150 per ton cheaper than American hard winter wheat – the largest gap since the onset of the full-scale war. Meanwhile, resources for the new harvest, including fuel and fertilizers, are becoming more expensive.
– According to farmers, current wheat prices are already below cost in many cases, so selling grain does not allow them to accumulate enough funds for sowing.
– Thus, the problems of Russian grain exports are already spilling over into the next season: farmers are reducing areas, abandoning wheat in favor of other crops, and are forced to borrow money for current expenses. Even the resumption of port operations does not guarantee a quick return of prices and exports to previous levels.
5. The price of Russian oil for China exceeded $120 per barrel.
– The price of Russian oil ESPO Blend, the main buyer of which is Chinese refineries, exceeded $120 per barrel for the first time since April. Amid disruptions in Middle Eastern supplies, Chinese processors started to pre-purchase Russian oil, fearing a raw material shortage.
– ESPO Blend shipments for November–December are selling at about $20 per barrel more expensive than Brent. Just a month ago, the premium was around $7. Some batches were sold with a record markup of up to $30 per barrel.
– Chinese refineries typically purchase ESPO one to two months before delivery, as the oil comes from Russia’s Far East through the port of Kozmino. However, this month importers started buying December volumes in advance due to fears of a shortage.
– The increase in global oil prices due to supply disruptions from the Middle East allowed Russia to obtain a higher price for its oil. Urals also rose to $110 per barrel this week.
– At the same time, new US duties against buyers of Russian oil could complicate deliveries to China and India. Some traders expect that such restrictions could further push global oil prices.
6. US President Donald Trump signed a law on sanctions against Russia.
– The document allows the president to impose tariffs of up to 100% against the five largest buyers of Russian oil and gas if the share of Russian energy in their imports exceeds 15%. China and India may fall under these criteria. Similar tariffs are prescribed for countries that help Russia circumvent sanctions.
– Russian exports to the USA could be subject to tariffs of up to 500%. The law also provides for sanctions against Russian energy projects, including all LNG production projects, Arctic energy projects, the “shadow fleet,” and vessels used to transship Russian oil, gas, and coal.
– Separate sanctions may apply to the Russian president, government members, and leadership of security institutions. The restrictions also apply to the Central Bank of Russia and systemically important state banks, including “Sber,” VTB, and “Gazprombank.”
– Senator Lindsey Graham, who passed away in July, promoted the law for several years. In August, the Senate supported the document with 86 votes to 11, and the House of Representatives on September 25 with 262 votes to 159.
7. Monaco has strengthened checks on banks and Russian clients.
– Monaco has intensified checks on banks and financial companies, aiming to exit the FATF “grey list.” The AMSF regulator found numerous violations during inspections of client wealth origins, their connections, and suspicious transactions.
– About a third of the problematic files are related to Russians. Among them were clients of UBS Monaco, Julius Baer, and other financial institutions. UBS, in particular, failed to properly verify the origin of $70 million, which a Russian client explained as gifts from her brother. Her account was initially blocked after sanctions were imposed, and in March 2025, the bank terminated relations with her due to lack of contact. Julius Baer also delayed reaction to negative information about Russian client Viktor Fedotov and subsequently ended relations with him. In another case, the regulator found that Guardian Management lacked sufficient justification for lowering the risk level of Russian client Leonid Novitsky.
