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Russia's Oil Revenues Plummet to Lowest Since Invasion

12/12/2025

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Story summary
  • In November 2025, Russia's oil export revenues fell to $10.97 billion.
  • The revenue figure is the lowest since the 2022 invasion.
  • The International Energy Agency reported crude and fuel exports declined by about 400,000 barrels per day to 6.9 million bpd.
  • Oil shipments are piling up at sea, up 28% since August.