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Russia pushes back against Trump warning that the Russian economy is near collapse

Russian officials attribute gasoline shortages to temporary logistics and report stable domestic fuel markets despite GDP growth slowing to 1.0% in 2025, down from 4.3% in 2024.

  • On Tuesday, US President Donald Trump warned "The economy is going to collapse", citing long gasoline lines and urging President Vladimir Putin to end the Ukraine conflict.
  • In recent weeks, the US tone has sharpened, reflecting mounting frustration with President Vladimir Putin after earlier suggestions Ukraine could reclaim lost territory.
  • At the Russian Energy Week forum, Russian Deputy Prime Minister Alexander Novak said, "We have a stable domestic market supply, we see no problems in this regard," attributing shortages to temporary logistical issues.
  • Escalating tensions could prompt sanctions as Trump hints at tariffs on Russian oil buyers like India and China, while Kremlin spokesman Dmitry Peskov dismissed claims and defended economic stability on Wednesday.
  • Russia's government projects GDP growth of just 1.0% for 2025, down from about 44 percent gas share in Europe's imports, indicating long-term economic strain.
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The Kremlin rejected the US President Donald Trump's warning on Wednesday that the Russian economy will collapse, claiming that Russia has considerable reserves and is strong enough to allow Russian President Vladimir Putin to...

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The Print broke the news in New Delhi, India on Wednesday, October 15, 2025.
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