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Russia's Fossil Fuel Revenue Plummets Amid Sanctions

2/25/2026

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Story summary
  • The Center for Research on Energy and Clean Air reports a 27% drop in Russia's fossil fuel revenues.
  • EU imports from Russia fell 36% in 2025 due to sanctions.
  • Russia's crude sales to China and India decreased despite shadow tankers as Ukrainian drone strikes disrupted refining capacity.
  • India's imports of Russian oil fell to their lowest since late 2022 amid sanctions and US-India trade talks.