Moscow: The Russian government announced Tuesday a significant drop in oil export revenues, marking the lowest level in nearly two years with a decline exceeding 24 percent.
According to Jordan News Agency, in a statement, the government said average seaborne oil exports over the past four weeks fell to 3.24 million barrels per day, a decrease of 170,000 barrels per day. This resulted in an estimated revenue drop of around $310 million, or 24 percent, making it the steepest decline since mid-2022.