Tag: Russia energy export earnings

Russia pockets $158 bn in energy exports after war: report

PARIS, France (AFP) — Russia has raked in a whopping 158 billion euros ($158 billion) in energy exports in the six months following its invasion of Ukraine, with the EU accounting for more than half, a think tank said Tuesday. The Centre for Research on Energy and Clean Air called for more effective sanctions against Moscow after the invasion sent oil, gas and coal prices soaring. “Surging fossil fuel prices mean that Russia’s current revenue […]