Income reportedly increased 5% last month compared to July 2022 Russia saw revenues from energy exports surge last month despite Western sanctions that include embargos and price caps on the country’s oil, German news outlet Handelsblatt reported on Thursday. According to the publication, Moscow’s revenues from oil and gas sales grew 5.3% year-on-year in July and amounted to $8.66 billion. Profits were said to be the largest in gas exports, while those from crude sales rose by 2.6%. The outlet noted it was the first time this year that Russia had increased state revenues from energy exports in comparison with 2022
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