The American website Oil Price stated: “Russian oil and gas export revenues have risen again despite Western sanctions imposed to cripple the Russian economy.”

According to the website, Russian oil and gas revenues reached another record in April: 1.8 trillion rubles in April instead of 1.2 trillion in March. Four months later, the federal budget received half of the planned revenues from oil and gas supplies in 2022 (9.5 trillion rubles).

And the site pointed out: “It has previously been warned that restrictive measures taken by the West may be in Moscow’s interests, and a warning that if sanctions are imposed against Russia, this could reduce the supply of oil available in the narrow world market.” And if Russia can still sell all of the oil it produces to countries that refuse to comply with sanctions, it can do well financially with higher oil prices.”

He believed that “although the United States has stopped buying Russian oil, the problem remains that Russia is one of the world’s largest producers and exporters of oil. Maybe $200 a barrel.”

He noted that “with higher oil prices, this increases the attractiveness of Russian oil. Currently, China and India, for example, have a huge incentive to buy Russian oil at a discount.”