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Aug 7, 2025 · Even as crude oil export volumes from Russia have remained relatively high, the destination of these exports has shifted, mainly due to sanctions related to Russia’s full-scale invasion of Ukraine in February 2022. Europe received 51% of Russia’s crude oil and condensate exports in 2020. However, this volume fell to 12% in 2024 and 11% in 1H25.
May 27, 2025 · Anton Rubtsov made the comments on Tuesday as Russia faces dwindling revenues from its oil exports, which are key to financing Vladimir Putin 's war effort in Ukraine.
Feb 11, 2025 · In anticipation of a reduction in Russia’s crude exports due to vessel sanctions targeting mostly crude oil tankers, there has been a surge in oil refining in Russia aimed towards increasing global exports.
Mar 24, 2025 · Russian oil output and exports will likely remain at their current levels or decline slightly in 2025. However, the latest round of US sanctions has increased the risks for Russia’s oil sector.
Aug 6, 2025 · Russia's revenue from oil and gas has plunged recently, putting further pressure on Moscow to end its war in Ukraine.
Apr 25, 2025 · Discover how Russia's oil industry thrives with record drilling despite Western sanctions, positioning for future market dominance.
Feb 24, 2025 · Russia’s oil and gas industry remains a cornerstone of its economy and a significant player in global energy markets. As one of the world’s top producers and exporters of hydrocarbons, Russia’s energy sector shapes not only its domestic landscape but also international energy dynamics.
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