Skip to main content

Russia's Oil And Gas Revenues Triple Despite Sanctions

Business Insider: Russia is earning $20 billion per month in oil sales as higher crude prices lift export revenue 50%, says IEA 

* Russia's oil export revenue has soared 50% this year, the International Energy Agency said. 

* The Kremlin is earning close to $20 billion per month in 2022. 

* Asia has boosted Russian crude purchases as global powers condemn the Kremlin's invasion of Ukraine. 

Russian oil export revenue is up 50% since the start of 2022 with the Kremlin generating close to $20 billion per month in sales, according to the International Energy Agency. 

Export volume has rebounded to levels seen before Russia invaded Ukraine, which triggered a wave of international sanctions and a spike in crude prices that's helped oil revenue. 

In April, Russian oil exports climbed by 620,000 barrels per day from the prior month to 8.1 million, back to their January and February average, the IEA said. Increased demand from India and China offset declines from the US and Europe.  

Read more ....  

Update #1: Russia oil revenue up 50% despite sanctions, IEA says (Yahoo News)  

Update #2: Russia Oil Revenue Up 50% This Year Despite Boycott, IEA Says (Bloomberg) 

Update #3: Russia’s oil revenue soars despite sanctions – Bloomberg (RT)  

WNU Editor: So much for the Western media narrative that Russia is suffering because of the Ukraine war and sanctions.  

Update #4: Russia is not the only country enjoying booming oil prices .... Saudi oil giant Aramco's first-quarter profits surge 80% (AP). And here is an easy prediction. Global oil prices are going to continue to rise .... OPEC+ Misses Production Target By Whopping 2.7 Million Bpd (OilPrice.com). More here .... Oil Prices Surge Past $113 As Shanghai Signals End Of Lockdown (OilPrice.com).



from War News Updates https://ift.tt/lTdZYbg
via IFTTT
Labels:

Comments

Post a Comment

Popular posts from this blog

Bath Iron Works starts building new Arleigh Burke-class Flight III destroyer USS J. William Middendorf

General Dynamics Bath Iron Works has started construction of the future USS J. William Middendorf (DDG 138), a Flight III Arleigh Burke-class destroyer that will strengthen the U.S. Navy’s missile-defense and escort capacity during sustained operations in the Red Sea, Eastern Mediterranean, and Indo-Pacific. The ceremonial first steel cut took place in Maine on May 19, 2026, as the Navy continues relying on Flight III destroyers equipped with the SPY-6 radar and Aegis Baseline 10 combat system to replace the air defense and command role of retiring Ticonderoga-class cruisers ahead of the future DDG(X) program.  Read full defense news at this link... USS J. William Middendorf belongs to the Flight III configuration that began with USS Jack H. Lucas (DDG 125), the first Flight III destroyer commissioned in October 2023. (Picture source: US Navy) Read more... from World Defence News https://ift.tt/tSRkVWI via IFTTT
Post a Comment
Read more

U.S. Army Conducts Gunnery Exercise With Latest Air Defense System Sgt Stout.

U.S. Army officials confirmed that a live gunnery exercise at Fort Hood, Texas, is underway, featuring the latest-generation Sgt Stout short-range air defense system. The drills mark a significant step toward full operational integration as units across the force adapt to evolving threats from drones, rotary-wing aircraft, and low-flying munitions. It matters because Sgt. Stout enhances the Army’s ability to defend forward-deployed troops and critical infrastructure from modern aerial threats. Read full Defense News at this link ... A U.S. Army SGT Stout SHORAD air defense vehicle maneuvers into firing position during live-fire training with the 6th Battalion, 56th Air Defense Artillery Regiment at Fort Hood, Texas, on October 3, 2025. (Picture source: U.S. Department of War) Read More from World Defence News https://ift.tt/NYmsS1n via IFTTT
Post a Comment
Read more

US-built first Saudi MMSC frigate HMS Saud launched at Fincantieri’s shipyard

According to information published by the Saudi Ministry of Defense on December 18, 2025, the first Multi-Mission Surface Combatant frigate constructed in the United States for the Royal Saudi Navy has been officially launched at Fincantieri Marinette Marine’s shipyard in Marinette, Wisconsin. The ship, designated HMS Saud with pennant number 820 and also known as Jalalat Al-Malik Saud in honor of King Saud, is the lead vessel in a four-ship program ordered under Project Tuwaiq through the U.S. Foreign Military Sales framework, a deal that defense officials have repeatedly described as a cornerstone of bilateral naval cooperation. Read more.   The HMS Saud (820) has an overall length of approximately 118 meters, in some sources detailed as 118.6 meters, with a beam of 17.6 meters, a draft of about 4.3 meters, and a full-load displacement estimated at roughly 3,600 tonnes. (Picture source: Saudi MoD) Read full Defense news.  from World Defence News https://ift....
Post a Comment
Read more