SAGIRE – War economy https://sagire.online/topic/war-economy/ Rolling analysis and coverage of geopolitics, energy, security and supply chains. en Thu, 05 Nov 2026 02:48:00 -0300 About 1,800 industrial facilities have been damaged in Sudan’s war, including 650 factories completely destroyed, according to the country’s Ministry of Industry.https://sagire.online/wire/b5f37e67/https://sagire.online/wire/b5f37e67/Wed, 04 Nov 2026 18:24:00 -0300About 1,800 industrial facilities have been damaged in Sudan’s war, including 650 factories completely destroyed, according to the country’s Ministry of Industry. A sweets factory in Khartoum has resumed production but is operating at 40% of its previous capacity, and its owner, Mansour Gaily, estimates losses at $1 million. Reopening is hampered by electricity shortages, a damaged transport network and rising import costs, as well as the destruction or looting of raw materials and equipment.SudanWar economyAfrica Long-range Ukrainian drones set fire to the Kstovo refinery in Russia’s Nizhny Novgorod region overnight, shortly after a major strike on another large refinery in Samara owned by the state-owned…https://sagire.online/wire/3db826cd/https://sagire.online/wire/3db826cd/Sun, 01 Nov 2026 15:21:00 -0300Long-range Ukrainian drones set fire to the Kstovo refinery in Russia’s Nizhny Novgorod region overnight, shortly after a major strike on another large refinery in Samara owned by the state-owned energy giant Rosneft, Russian state media reported, according to The Guardian. Ukrainian officials told the Kyiv Independent that they never agreed to a demand from Jared Kushner, the US president’s son-in-law, to pause refinery strikes for 30 days.UkraineRussiaWar economyEnergyConflict The Pentagon has put the damage to US military bases from Iranian strikes at a minimum of $5 billion, according to US officials cited by the Wall Street Journal.https://sagire.online/wire/de92b06b/https://sagire.online/wire/de92b06b/Sun, 01 Nov 2026 11:22:00 -0300The Pentagon has put the damage to US military bases from Iranian strikes at a minimum of $5 billion, according to US officials cited by the Wall Street Journal. The Journal’s investigation identified 274 damaged structures at 24 installations with a US military presence during the war’s first six months, drawing on satellite imagery, Iranian military statements and interviews with US officials, according to the Tehran Times. An Associated Press analysis found more than 115 drone and missile strikes claimed by Iran or Iranian-backed militias that damaged or destroyed structures at 26 bases and other sites with US equipment through August, according to the Times of India.IranUnited StatesThe GulfDefenseWar economy Ukraine’s economic losses from explosions between January and October 2026 amounted to nearly 1.9% of the country’s nominal GDP, or about $4.28 billion, excluding the metallurgical sector, according…https://sagire.online/wire/142e0778/https://sagire.online/wire/142e0778/Sun, 01 Nov 2026 02:23:00 -0300Ukraine’s economic losses from explosions between January and October 2026 amounted to nearly 1.9% of the country’s nominal GDP, or about $4.28 billion, excluding the metallurgical sector, according to TASS calculations based on Ukrainian government reports.UkraineWar economyEconomy The Lukoil oil refinery in Kstovo, in the Nizhny Novgorod region, was targeted by a Ukrainian attack overnight from Saturday to Sunday, according to Le Monde, which cited Ukrainian media including…https://sagire.online/wire/205d0245/https://sagire.online/wire/205d0245/Sun, 01 Nov 2026 02:22:00 -0300The Lukoil oil refinery in Kstovo, in the Nizhny Novgorod region, was targeted by a Ukrainian attack overnight from Saturday to Sunday, according to Le Monde, which cited Ukrainian media including the RBC news agency. The regional governor, Gleb Nikitin, reported “a massive drone attack” during the night and on Sunday morning, in which “an industrial enterprise in the Kstovo district suffered major damage,” with no casualties according to preliminary information. Le Monde reported that the plant is one of Russia’s largest refineries, with a capacity of about 17 million metric tons of oil a year, or about 340,000 barrels per day.RussiaUkraineEnergyWar economy An analysis by the Wall Street Journal identified 274 damaged structures across 24 installations with an American military presence, according to RT.https://sagire.online/wire/18340031/https://sagire.online/wire/18340031/Sat, 31 Oct 2026 10:22:00 -0300An analysis by the Wall Street Journal identified 274 damaged structures across 24 installations with an American military presence, according to RT. An unnamed US official told the newspaper that the Pentagon estimates the damage to the bases at a minimum of $5 billion. According to the Pentagon’s latest estimate to Congress, the Iran war has cost $47.1 billion through October 16, excluding base damage.United StatesIranDefenseWar economy US President Donald Trump’s oil and gas holdings rose an average of 43% since the end of 2025, during the eight-month war with Iran, according to the Jerusalem Post, which cites a report by…https://sagire.online/wire/814bceb1/https://sagire.online/wire/814bceb1/Sat, 31 Oct 2026 01:22:00 -0300US President Donald Trump’s oil and gas holdings rose an average of 43% since the end of 2025, during the eight-month war with Iran, according to the Jerusalem Post, which cites a report by congressional Democrats. His estimated holdings rose from a range of 12.6 million to 46 million at the end of 2025 to between 22.5 million and 81.6 million. Between March, after the war began, and the end of August, Trump’s accounts bought between 4.7 million and 17.5 million in oil and gas stocks, according to the report obtained by CBS News.United StatesOilWar economyIranEconomy The European Commission approved a proposal to provide Ukraine with 45 billion euros in funding for 2027, of which up to 13.3 billion euros would go to budget support and 31.7 billion euros to…https://sagire.online/wire/1ef9c3ba/https://sagire.online/wire/1ef9c3ba/Fri, 30 Oct 2026 17:22:00 -0300The European Commission approved a proposal to provide Ukraine with 45 billion euros in funding for 2027, of which up to 13.3 billion euros would go to budget support and 31.7 billion euros to weapons purchases, according to TASS. The commission also said on Friday it had set up a framework for European countries to approve the remaining 45 billion euros in loans to Ukraine, to be disbursed by the end of 2027, according to Reuters.European UnionUkraineWar economyDefense Russia’s deputy prime minister, Alexander Novak, said on Friday that Ukraine has resumed attacks on Russian oil refineries after a brief pause and warned that the strikes could reduce the diesel…https://sagire.online/wire/68cbb452/https://sagire.online/wire/68cbb452/Fri, 30 Oct 2026 14:23:00 -0300Russia’s deputy prime minister, Alexander Novak, said on Friday that Ukraine has resumed attacks on Russian oil refineries after a brief pause and warned that the strikes could reduce the diesel exports Moscow has planned, The Hindu reported. Novak also said Russia had shipped around 510,000 metric tons of diesel in October under the deal and plans a higher amount in November, around 2.15 million metric tons.RussiaUkraineEnergyOilWar economy Binance said at least $2.54 billion in funds were frozen following a “potential security issue” and that it suspended all deposits and withdrawals as a precaution while it investigates the case…https://sagire.online/wire/b149d7c4/https://sagire.online/wire/b149d7c4/Thu, 29 Oct 2026 21:21:00 -0300Binance said at least $2.54 billion in funds were frozen following a “potential security issue” and that it suspended all deposits and withdrawals as a precaution while it investigates the case, according to Al Jazeera. Founder Changpeng Zhao said the episode looks like a hack on the exchange, according to Al Jazeera, and Tether and Circle said they froze funds in response to the incident, according to The Guardian.War economyEconomyCybersecurity President Volodymyr Zelensky said Ukraine halted attacks on Russian refineries for three days while Russia kept striking Ukrainian energy infrastructure during the energy truce.https://sagire.online/wire/41d34af0/https://sagire.online/wire/41d34af0/Thu, 29 Oct 2026 20:23:00 -0300President Volodymyr Zelensky said Ukraine halted attacks on Russian refineries for three days while Russia kept striking Ukrainian energy infrastructure during the energy truce. In an account to journalists at a closed-door briefing on Oct. 27, he said: “For three days we did not respond with strikes on Russian refineries while Russia was striking our energy sector,” and said he had proposed to respond calmly against other targets for at least 72 hours, without touching the refineries. The pace of Ukrainian attacks on refineries has fallen in recent weeks; the most recent were at Ryazan on Oct. 15 and in St. Petersburg on Oct. 18, according to the Kyiv Independent.UkraineRussiaEnergyWar economyEastern Europe TotalEnergies booked $9.1 billion in third-quarter adjusted net income, doubling earnings from a year earlier, with historically high refining margins and the Middle East conflict driving up…https://sagire.online/wire/4ea0b3d7/https://sagire.online/wire/4ea0b3d7/Thu, 29 Oct 2026 08:23:00 -0300TotalEnergies booked $9.1 billion in third-quarter adjusted net income, doubling earnings from a year earlier, with historically high refining margins and the Middle East conflict driving up liquefied natural gas (LNG) prices and refining results, according to OilPrice.FranceEnergyOilWar economy Shell reported an adjusted profit of $10.8bn in the third quarter, up from $5.432bn a year earlier, and raised its buyback program to $5bn for the next three months, from $3bn in the previous…https://sagire.online/wire/f6d62ab8/https://sagire.online/wire/f6d62ab8/Thu, 29 Oct 2026 07:23:00 -0300Shell reported an adjusted profit of $10.8bn in the third quarter, up from $5.432bn a year earlier, and raised its buyback program to $5bn for the next three months, from $3bn in the previous quarter, the company said on Thursday. Profit doubled as the Middle East conflict drove up oil and gas prices, pushing the refining margin Shell had projected for the quarter to $42 a barrel, against $24 in the second quarter. Shell and Total posted their highest quarterly profit since 2022, according to Reuters.OilEnergyWar economy The US military has already spent over US$47 billion on the war in Iran, more than 25 percent above the July estimate, according to Pentagon data obtained by Reuters.https://sagire.online/wire/6ddbb173/https://sagire.online/wire/6ddbb173/Tue, 27 Oct 2026 22:23:00 -0300The US military has already spent over US$47 billion on the war in Iran, more than 25 percent above the July estimate, according to Pentagon data obtained by Reuters.United StatesIranWar economyMiddle East US consumers are paying more than anyone in the world for the jump in fuel prices caused by the supply disruptions resulting from the US war on Iran, according to Reuters.https://sagire.online/wire/0cd0447c/https://sagire.online/wire/0cd0447c/Mon, 26 Oct 2026 20:24:00 -0300US consumers are paying more than anyone in the world for the jump in fuel prices caused by the supply disruptions resulting from the US war on Iran, according to Reuters. A study by the Finland-based nonprofit Centre for Research on Energy and Clean Air estimates US consumers have paid an average of $471 more for higher fuel prices since the war started on February 28.United StatesOilWar economy