Tatiana Lanshina, Liu Xu, Gulshan Sachdeva, Nguyen Ngoc Hung and Anna Korppoo Climate Strategies (Policy report). December 2025. In English. Associated research areasArctic and Ocean PoliticsLinksThe report analyses how Russia’s eastward reorientation of fossil fuel exports has partly offset lost revenues from Western markets, but fails to address deeper structural weaknesses in the Russian economy. The authors argue that continued dependence on hydrocarbons, technological lag, weak domestic investment and growing isolation make this strategy a short-term fix that could lock Russia into less profitable and increasingly regulated Asian markets.