Arctic Security & Shipping: Lavrov says NATO’s Arctic buildup is a “direct threat” as Russia pushes its Northern Sea Route from strategic concept toward commercial use, with Murmansk seeing China-linked container traffic. Energy & War-Driven Industry: Russia’s defense ministry warns of “massive strikes” on Ukraine’s energy infrastructure in retaliation for Kyiv attacks, as a deadly warehouse blast near Kyiv lifts the toll to 38 and fuels fears of wider supply shocks. Logistics Under Fire: Ukraine’s long-range campaign targets Russian drone and airfield infrastructure, while Russia hits logistics hubs and retail supply chains, including an Ozon sorting center in Belgorod where deliveries were suspended. Fuel Market Pressure: Ukrainian refinery strikes keep squeezing Russian output; Russia is importing gasoline, with India emerging as a key supplier after record seaborne volumes. Mining & Power Theft: Dagestan authorities found two illegal crypto-mining farms tied to unauthorized grid connections, adding to a growing crackdown on mining loads. Finance & Crypto: Sberbank plans crypto-backed corporate loans using Bitcoin, Ethereum and USDT as collateral, aligning with Russia’s new digital-asset rules. Eurasian Connectivity: A Minsk–Moscow–Karachi test freight railway signals faster Eurasian route rewiring via the INSTC, despite rail-gauge and missing-link hurdles. Agriculture Risk: Wheat prices jump as war disrupts grain exports, with port bottlenecks raising the odds of food-price pressure.