Russia’s energy export earnings fell by $8 billion in January
Due to the introduction of the price ceiling, Russia’s oil and gas revenues in January fell by a third, or about $8 billion, compared to last year.
This was stated by the head of the International Energy Agency (IEA) Fatih Birol, reports Reuters.
According to him, price restrictions on “black gold” from the Russian Federation achieved the goals of both stabilizing oil markets and reducing Moscow’s income from the export of natural resources.