Russia's April oil and gas revenue could double despite Ukraine hammering its oilfields with drones, report says

Sat, 04/27/2024 - 05:12

Russian oil depot — A fisherman carries his belongings on a sleigh on the ice of the Gulf of Finland against the backdrop of the St. Petersburg Oil Terminal.
SOPA Images via Getty

Russia's oil and gas revenue is set to surge despite Ukraine's attacks on energy infrastructure.
Revenue from oil and gas is a key way Russia funds its war in Ukraine.
Russia says it has successfully rerouted oil supplies and limited the effects of Western sanctions.

Russia's oil and gas revenue for April is expected to soar by roughly double year on year despite increased Ukrainian attacks on energy infrastructure, a Reuters report said.