Russia’s oil and gas revenues may increase by 40% in May 2026
In May 2026, revenues to the budget of the Russian Federation from oil and gas exports may increase by nearly…
oil revenue
The Fall in Global Oil Prices Intensifies Sanction Pressure on Russia
Global oil prices are showing a significant decline following the announcement of a temporary ceasefire between the USA, Israel, and…
Russia Receives Less Revenue from Oil After US Sanctions Easing
The Russian Federation is receiving less revenue from oil exports, even after the US temporarily allowed the sale of Russian…
Romania Calls on the EU to Strengthen Sanctions Against Russia Due to Rising Oil Revenues
Romanian Foreign Minister Oana Cărbunaru has urged the European Union to intensify pressure on Russia, especially in light of preparations…
Russia’s Oil and Gas Revenues Fell to Their Lowest Level Since 2020 in January 2026
In January 2026, oil and gas revenues for the federal budget of the Russian Federation decreased by 50.2% compared to…
Ukraine Intensifies Strikes on Russia’s ‘Shadow Fleet’ to Halt Kremlin’s Oil Revenues
Ukraine has ramped up strikes against Russia's "shadow fleet," aiming to cut off the main sources of oil revenue for…
Russia has lost a third of its oil and gas revenues and plans to cover the deficit with reserves
Russia's federal budget revenues from oil and gas exports significantly decreased in November, falling by 33.8% compared to the same…
Norway Lowers Price Cap on Russian Oil to $47.6 per Barrel
Norway has decided to lower the price cap on Russian oil to $47.6 per barrel. This is part of the…
Over 20 Countries Continue to Import Russian Fossil Fuels During the War
As of June 2025, more than 20 countries around the world remain importers of fossil fuels from the Russian Federation,…