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Russia’s oil export revenue soars to $98 billion as war in Ukraine rages on | Top Points

Russia’s oil export revenue soars to $98 billion as war in Ukraine rages on | Top Points

India Today
Tuesday, June 14, 2022 03:05:40 AM UTC

A report shows Russia's revenues from exports of oil and gas reached record high of $98 billion during the first 100 days of the war with Ukraine. Read on to bring yourself up to speed on all the latest updates in the raging conflict.

A report shows Russia's revenues from exports of oil and gas reaching record highs during the first 100 days of the war, with Moscow taking in 93 billion euros ($98 billion), most of it from European Union customers.

The report from the independent, Finland-based Centre for Research on Energy and Clean Air (CREA) shows the top clients for Russian oil, gas and coal being China with 12.6 billion euros, followed by Germany (12.1 billion euros) and Italy (7.8 billion euros).

The EU last month agreed to halt most Russian oil imports but an embargo on Russian gas is not on the cards at present.

CREA: in 100 days of war Russia earned 93 billion on fossil fuel exportsAccording to research center the EU accounted for 61% of Russian fossil fuel exports worth of 57 billion.The largest buyers were:China - 12,6 billionGermany - 12,1 billionItaly - 7,8 billion pic.twitter.com/JoFDsg8Onl

Ukraine forces driven from central Severodonetsk

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