Russia Earned Nearly $100 Billion From Oil And Gas Exports

According to press reports, Russia earned nearly $100 billion from oil and gas exports during the first 100 days of the war in Ukraine.

According to a report from the independent Centre for Research on Energy and Clean Air (CREA), revenues have been falling since March, as many countries shunned Russian supplies, but remain high.

It also warned of potential loopholes in efforts to curb imports from Russia.

The EU, US, and the UK are among those to have pledged to cut Russian imports.

Overall, exports of Russian oil and gas are falling and Moscow’s revenue from energy sales has also declined from a peak of well over $1 billion a day in March.

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Edited by Jesus Chan

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