The Kremlin has earned a record profit from oil although its invasion of Ukraine has continued for more than three months, triggering a set of punitive measures. Russia reports a drop in its exports to the European Union, but sells more to some alternative markets, notably India. Record-breaking oil prices mean more money to the Russian federal budget, also to sponsor the invasion of Ukraine. Oil-related revenues will edge up as the Russian finance ministry is planning to raise an export levy. Of all oil-producing countries and their allies, Russia had the biggest oil output in May. Oil and condensate...