Posted on 07/23/2026 10:16:56 PM PDT by Mount Athos
Russia's state oil and gas revenue, which accounts for around a fifth of total budget income, is seen rising by 60% in July from the same month a year ago thanks to the increase in global oil prices, Reuters calculations showed on Thursday.
A steep rise from profit-based tax proceeds on oil production for the second quarter has also contributed to the overall year-on-year revenue rise.
Russia, the world's third-largest oil producer and exporter after the United States and Saudi Arabia, relies heavily on oil and gas sales, which help finance its military campaign in Ukraine. Oil and gas tax revenue for January to July is still likely to decline by 11% from the same period in 2025, to 4.9 billion roubles.
(Excerpt) Read more at reuters.com ...
Oil has been going between 75-105 a barrel?...Calm the F down everybody...this is pure Sky is falling propaganda from rooters of all corrupt media sycophant controlled outlets...why are they not talking about how this Ukranian tthing is killing a lot of their men?.....what good is revenue when your losing so many men? Eventually the masses in Russia will get a full scope .
Because of the Uke strikes against Russian refineries, they sell oil to places like India at a discount, and then buy refined product at a premium.
They lose money on every gallon of gas, diesel, and motor oil they now have to import.
That’s not helping Russia a lot.
There are a bunch of “no ID” Russian tankers of the “ghost fleet” stuck on the wrong sides of the strait now. Since a full battle group, or maybe two, just happens to be in the area, Trump could make some of the costs up by seizing the tankers as contraband.
The military enterprise, which is around 1,300 km (800 miles) from the Ukrainian border, manufactures various products for the Russian military, such as air defense missiles for the Tor-M2-Komplex and cruise missiles types Kh-101, Kh-59M2 and Kh-59M2A.
Red: 4 totally destroyed hubs
- Elektrostal
- Krasnodar
- Nevinnomyssk
- Shushary (new)
Yellow: 3 damaged hubs
- Koledino
- Kotovsk
- Voronezh (new)
Green: 13 yet intact
I’ve got news for you...
Europe has been violating both the spirit and intent of Russian energy sanctions for years.
These strikes may be the most effective strategy yet. Plenty of ordinary Russians who had no problem with bombing Ukrainian civilians are up in arms about their personal wealth being destroyed.
The Russians are complaining again about lost goods in burned-out warehouses, but they don't seem to grasp the cause-and-effect relationship.
The report is of a Reuters calculation.
Did the Russians actually sell enough oil to make the revenue ‘calculated’ by Rooters?
Do the Russians actually report any true numbers about their sales of anything?
The calculation therefore is mostly, if not totally, based on guesswork.
Russians have no idea what is happening.
I’ve seen photos and videos showing Russians at the beach looking at distant huge fires from Ukrainian strikes. To the Russians, it’s none of their concerns. Life as usual in the last 4-5 years. Those beach-goers are not likely the everyday Russians struggling to make ends meet; they’re likely the better off and oligarch family members.
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