Russian oil revenue

U.S. sanctions on Rosneft, Lukoil starve Putin's war machine

U.S. sanctions against major Russian oil giants Rosneft and Lukoil are already reducing Moscow’s oil revenues and are likely to reduce the quantity of Russian oil sold in the long term, the U.S. Treasury's Office of Foreign Assets Control (OFAC) stated on Nov. 17, according to Reuters.

18 November 2025, 10:02 AM

Russian oil price drops to early 2023 levels

The price of Urals crude at Russia’s Novorossiysk Black Sea port fell to $36.61 a barrel on Nov. 13, its lowest level since March 2023, Bloomberg reported on Nov. 17.

17 November 2025, 09:48 PM

Lukoil sheds billions after new U.S. sanctions

Shares of Lukoil, one of Russia’s largest oil companies, have continued to tumble on the Moscow Exchange for a fourth straight week amid new U.S. sanctions and a derailed sale of the company’s foreign assets, The Moscow Times wrote on Nov. 12.

13 November 2025, 11:52 AM

Russia’s fuel exports plunge to lowest since 2022 - Bloomberg

Russian fuel exports have fallen sharply due to refinery "outages" and new U.S. sanctions, Bloomberg reported on Oct. 30.

31 October 2025, 11:40 AM

U.S. sanctions on Rosneft and Lukoil could cut Russia’s profits by $5B a month — Zelenskyy

U.S. sanctions on Russian oil companies Rosneft and Lukoil could reduce the aggressor country’s profits by at least $5 billion per month, President Volodymyr Zelenskyy said at a press conference, Suspilne reported on Oct. 28.

28 October 2025, 01:20 PM

Putin dismisses impact of new U.S. sanctions

Russian dictator Vladimir Putin attempted to reassure the Russian public through state media after the United States sanctioned Russia’s Rosneft and Lukoil on Oct. 23.

23 October 2025, 08:34 PM

Russia’s oil revenues slump 20% in September

Moscow’s revenues from oil exports fell 20% year-over-year in September to RUB483.5 billion ($5.9 billion), marking their lowest levels since 2020, Bloomberg reported on Oct. 3.

3 October 2025, 11:48 PM

U.S. urges Europe to cut off Russian oil and gas

European countries have to stop buying Russian oil and gas if they want Washington to impose stricter sanctions against Russia, U.S. Energy Secretary Chris Wright said in an interview with Financial Times, published on Sept. 8.

9 September 2025, 09:00 AM

India to continue importing Russian oil, finance minister says

India, one of the biggest sources of revenue for Moscow, will continue purchasing Russian crude despite punitive U.S. tariffs, Reuters reported on Sept. 5, citing Indian Finance Minister Nirmala Sitharaman.

6 September 2025, 02:04 AM

Russia’s oil, gas revenues fall 36% in August

Russia’s federal budget revenues from oil and gas fell by 36%, or 282 billion rubles ($3.5 billion), in August 2025 compared to July 2025, declining from 787 billion rubles ($9.7 billion) to 505 billion rubles ($6.2 billion), The Moscow Times reported on Sept. 3.

3 September 2025, 04:35 PM

Refinery attacks and India’s reduced intake threaten Kremlin oil income - ISW

Ukrainian strikes on Russian refineries are driving gasoline shortages across Russia, likely stoking inflation and wider instability, the Institute for the Study of War (ISW) wrote on Aug. 26.

27 August 2025, 10:30 AM

Oil slump, debt crisis shake Kremlin ahead of Trump summit

Falling oil revenues, the largest budget deficit in more than three decades, painfully high inflation and interest rates, and a looming debt crisis are stalling Russia’s war economy, creating a tense backdrop for Russian dictator Vladimir Putin ahead of the Alaska summit with U.S. President Donald Trump, Bloomberg reported on Aug. 14.

14 August 2025, 01:47 PM

Trump’s tariffs on Russian oil buyers face hurdles

Russian President Vladimir Putin signaled Russia’s readiness to withstand new economic challenges, making it highly unlikely he will agree to a truce due to U.S. President Donald Trump’s threats of tariffs and sanctions, Reuters reported on Aug. 8.

8 August 2025, 03:14 PM

Russia lost $17 billion in oil price slump—Ukrainian intelligence

Russia’s federal budget revenues from energy exports have declined sharply in 2025, driven by falling oil prices and collapsing natural gas sales to the EU, Ukraine’s Foreign Intelligence Service reported on Aug. 7.

7 August 2025, 11:37 PM

Trump to hike Tariffs on India over Russian oil trade

The United States will “substantially” raise tariffs on Indian goods after New Delhi refused to stop purchasing Russian crude oil, U.S. President Donald Trump said on Aug. 4.

4 August 2025, 08:10 PM

EU to propose floating price cap on Russian oil

The European Commission is expected to propose a floating price cap on Russian oil this week as part of its new sanctions package, Reuters reported on July 10.

11 July 2025, 10:15 AM

Ukraine pushes for tougher pressure on Russia after terror escalation

Ukraine urgently needs to strengthen its air defense systems following Russia’s massive overnight assault, Ukrainian Deputy Foreign Minister Andrii Sybiha said in a post on X on July 9.

9 July 2025, 05:49 PM

Zelenskyy urges G7 to slash Kremlin’s oil revenues amid Russian terror attacks on Kharkiv and Odesa

Ukraine's President Volodymyr Zelenskyy has responded to the Russian nighttime Shahed drone strike against Ukraine's cities and civilians in his post on Telegram on June 20.

20 June 2025, 03:00 PM

US hesitation stalls EU move to lower oil price cap — Bloomberg

The European Union is facing difficulties in lowering the Russian oil price cap amid Iran-Israel tensions, Bloomberg wrote on June 16.

17 June 2025, 10:39 AM

Lower oil price cap could slash Russia’s revenue by billions

Lowering the Russian oil price cap from $60 to $45 per barrel could cut Russia’s May 2025 revenue by 27%, or €2.8 billion ($3.2 billion), in May alone but full compliance remains elusive, the Center for Research on Energy and Clean Air (CREA) reported on June 13.

14 June 2025, 02:01 PM

Russian oil revenue

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