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Russia's Oil Revenue Hits Six-Month Low as Ukraine Strikes and Falling Prices Squeeze the Kremlin's Budget

Summary by Crypto Briefing
Russia's declining oil revenue exacerbates its budget deficit, highlighting the economic strain from ongoing geopolitical conflicts and sanctions.
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4 Articles

Russia's oil revenues fell to about USD 13.8 billion in July, while lower prices and pressure on refineries coincide with a fiscal deficit that already exceeded that recorded throughout 2025.

In August 2026, Russia's oil sales revenue fell to the lowest level in the last six months — due to lower export prices. This situation increases the pressure on the Kremlin's ability to finance the war against Ukraine.

·Kyiv, Ukraine
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Новое Время broke the news in Kyiv, Ukraine on Thursday, September 3, 2026.
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