Russian official says country needs to do more in microelectronics

Dmitry Medvedev, a senior Russian official, said Russia is not doing enough in the field of microelectronics. He announced plans for seven forums to address key national tasks and stressed the need to preserve the technological achievements Russia has made since Western sanctions were imposed.

Separately, a report notes that Russian oil is trading at its largest discount since 2023 due to those same Western sanctions.