[AlAhram] The World Bank has significantly improved its outlook for the Russian economy this year due to stronger-than-expected revenues from energy exports to countries including India and China.
Russia's oil and gas revenue plunged in May as sanctions and dwindling exports weigh on Moscow's energy trade
[BusinessInsider] - Russia's oil and gas revenue plunged in May as sanctions and dwindling exports hit on Moscow's energy trade.
- Proceeds from oil and gas taxes sank 36% from a year ago to 570.7 billion rubles, or about $7 billion.
- Revenue from crude and petroleum products slid 31%, while gas revenue plummeted 46%.
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