Home ยป Russia's oil export revenues fall due to sanctions – Bloomberg

Russia's oil export revenues fall due to sanctions – Bloomberg

by alex

Russia's oil export revenues fell in October as global oil prices fell, according to the International Energy Agency.

Bloomberg reports this.

In addition, the United States has imposed sanctions against ships that violate established price restrictions.

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In October, Russia received $18.34 billion from the export of crude oil and petroleum products, which is $25 million less than in September.

Due to Western sanctions in Russia, transportation costs have increased, so Russian oil has fallen in price. However, Russia's monthly revenues from oil sales abroad remained at almost the highest level since October 2022.

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