Putin demands more taxes as Russia's growth slows to a crawl in the wartime economy

Source: Business Insider

A roughly 20% drop in oil prices in 2025 has squeezed Russian President Vladimir Putin's war chest. Mikhail Metzel/Pool/ AFP/Getty ImagesRussian President Vladimir Putin is moving to extract more taxes as the country's wartime economy falters. Consumers and tech face higher levies as the Kremlin hunts for revenue.