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Russiaabout 4 hours ago·Stable·HIGH 70

Oil and gas revenues of Russian budget down 45.4% in Q1

The sharp decline in oil and gas revenues highlights the ongoing economic challenges for Russia, reflecting the impact of sanctions and global market conditions.

Russia's Ministry of Finance reported a 45.4% decrease in oil and gas revenues for the first quarter of the year. Additionally, the ministry announced the suspension of monthly foreign currency and gold transactions aimed at forming additional revenues until July 1.
70
Humanitarian10
Economic70
Security30
Political25
Confidence 51/100 — moderate corroboration

Read the original sources

TASS English

Organisations

Russian Ministry of Finance

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This summary was generated by AI and may contain errors or omissions. Do not act on this information without independent verification. Learn more

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