The Headlines – Trump & EU sanctions hit! Russia records lowest oil exports since Ukraine conflict; revenue falls to $11 billion

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The Headlines – Trump & EU sanctions hit! Russia records lowest oil exports since Ukraine conflict; revenue falls to billion

Russia’s oil exports have plummeted to their lowest point since the Ukraine war began, driven by buyer avoidance, tightened US sanctions, and Ukrainian attacks. This decline, coupled with weakening prices, has slashed Moscow’s oil revenue to its lowest since February 2022, straining the Russian budget.

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