Higher crude oil and fuel prices allowed Russian revenues to climb in May despite its export volumes slipping due to sanctions, the International Energy Agency said. The findings underscore the difficulty of punishing Moscow for its invasion of Ukraine by banning Russian imports, moves which have exacerbated a supply crunch and driven up prices. Crude …
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Author: Capt. John
https://www.hellenicshippingnews.com/russian-oil-and-fuel-revenue-up-even-as-exports-fall-iea/