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  • Russia's Oil Revenue Soars Despite Sanctions, Study Finds

    06/13/2022 3:21:55 PM PDT · by Mariner · 64 replies
    The New York Times via Yahoo ^ | June 13th, 2022 | Hiroko Tabuchi
    Russia’s invasion of Ukraine triggered global condemnation and tough sanctions aimed at denting Moscow’s war chest. Yet Russia’s revenues from fossil fuels, by far its biggest export, soared to records in the first 100 days of its war on Ukraine, driven by a windfall from oil sales amid surging prices, a new analysis shows.Russia earned what is very likely a record 93 billion euros in revenue from exports of oil, gas and coal in the first 100 days of the country’s invasion of Ukraine, according to data analyzed by the Center for Research on Energy and Clean Air, a research...