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Russian oil revenue has been hurt by effective EU price caps even as Moscow has been resilient with exports, says IEA

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Russian Prime Minister Vladimir Putin and CEO of Russian natural gas giant Gazprom Alexei Miller attend a ceremony to mark the launch of the Sakhalin-Khabarovsk-Vladivostok natural gas pipeline, September 8, 2011 in Vladivostok, Russia.
Russian Prime Minister Vladimir Putin.

Sasha Mordovets/Getty Images

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