Russia’s oil and gas revenues are expected to fall by 37% in July, as the US allows sanctions to be tightened. Due to declining oil prices and a strengthening Russian currency, Moscow’s income from July’s hydrocarbon sales will drop by roughly 37% compared to the same period last year, reaching ₽68... #China #India #NayaraEnergy #RussianGas #RussianOil #SanctionsAgainstRussia #SecondarySanctions
The Russian oil business is under pressure: The US hopes that Europe will join secondary sanctions against buyers of Russian oil. US Treasury Secretary Scott Bessent said that the Washington expects its European allies to join potential secondary tariffs against countries that help Russia, particularly by purchasing its oil. The... #India #LindseyGraham #NayaraEnergy #Rosneft #RussianOilPriceLimit #SanctionsAgainstRussia #ScottBessent #SecondarySanctions
