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Russia’s revenues from oil and gas sales will nearly double year-on-year to $14 billion in April 2024 thanks to rising prices, according to Reuters. As the agency notes, these data highlight the difficulties faced by Western countries, which seek to limit the Kremlin’s income and strangle its military machine. Russia’s war against Ukraine prompted the West to impose numerous sanctions aimed at limiting Russia’s oil and gas revenues, which make up about a third of the country’s federal budget. The measures also include restrictions on purchases of Russian oil, financial transactions, and a pric…

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