Kremlin’s oil revenues drop by nearly 33% — but Trump’s sanctions threaten even more pain
With oil and gas revenues down 27%, the Kremlin braces for fresh US measures targeting not only Moscow but also its energy partners.
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Israel’s attack on Iran may have revived Moscow’s oil revenues for war
In April, Russia’s Urals crude was priced at just $50, dragging the country far from its budgeted $70 mark. Now, the price has already risen to $65.
Frontline report: Russia faces oil price collapse as OPEC+ hikes production again
With Urals crude at its lowest since 2023, Moscow’s budget faces major damage.