Russia's oil and gas revenue is set to surge despite Ukraine's attacks on energy infrastructure.
Revenue from oil and gas is a key way Russia funds its war in Ukraine.
AdvertisementRussia's oil and gas revenue for April is expected to soar by roughly double year on year despite increased Ukrainian attacks on energy infrastructure, a Reuters report said.
Despite Russia's strong April revenue projections, it seems Ukraine's strikes are having some success.
Bloomberg reported this week that Russia's oil refining was at an 11-month low because of flooding and Ukraine's drone campaign.
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