Sanctions Slash Russian War Chest as Oil Revenue Plummets
#RussiaSanctions #OilRevenueRussia's oil revenue has plunged to multi-year lows due to new US and EU sanctions, including measures targeting its shadow fleet and pressure on India. This forces increased state borrowing and taxes, straining its war economy. read more
Sanctions Slash Russian Oil Revenue to Pandemic Lows
#RussiaSanctions #OilRevenueRussia's crucial oil revenues have plummeted to multi-year lows due to new US and EU sanctions, including measures targeting a shadow tanker fleet. This forces the Kremlin to borrow and raise taxes, straining its war economy. read more