Revenue from energy fell to its lowest level in over two years in Russia as the country continues to be pressured under Western sanctions for its invasion of Ukraine, with Moscow’s federal budget revenues seen to be declining on an annual basis. “Oil and gas revenues amounted to 426 billion rubles ($6.02 billion) and decreased…
Russia Feels the Bite of Western Sanctions as Energy Revenues Plunge to Lowest in Two Years
February 7, 2023
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Business & Marketseconomyenergyenergy revenuesEuroperecessionRussiaRussia-Ukraine WarWestern sanctionsWorld
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