Earnings are expected to reach $337.5 billion this year, Reuters reports Russia will see a 38% year-on-year increase in energy earnings due to higher oil export volumes, coupled with rising natural gas prices, Reuters reported on Wednesday, citing a document from the German Economy Ministry. According to the report, the country’s revenues are expected to jump to $337.5 billion this year, which will help shore up the Russian economy in the face of Western sanctions. The document predicted that energy export earnings will ease to $255.8 billion next year, but will still be higher than the 2021 figure of $244.2 billi
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