Russia’s oil revenue soars despite sanctions – Bloomberg ...News

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Russia’s oil revenue soars despite sanctions – Bloomberg
The country has earned roughly $20 billion per month from crude exports this year Russia's oil export revenue has jumped some 50% since the beginning of 2022, Bloomberg reports, citing data from the International Energy Agency (IEA). According to the agency’s monthly market report, Moscow has earned some $20 billion each month this year from sales of crude oil and oil-related products. The earnings growth came despite Western sanctions over Russia’s military operation in Ukraine. As part of these penalties, the US banned all Russian oil imports, the EU and UK announced plans to scrap all purchases of Russian crude

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