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Russia’s revenues from the sale of oil and gas in February increased by over 80% compared to the previous year, surpassing 10 billion dollars. This growth is attributed to the rise in domestic oil prices, as Russian producers weathered Western sanctions, reports Bloomberg. According to the Ministry of Finance of the Russian Federation, in February, revenues to the budget from oil and gas taxes amounted to 945.6 billion rubles (10.4 billion dollars). According to Bloomberg’s calculations based on this data, taxes on oil and oil products, which account for 84% of all hydrocarbon revenues, more t…

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