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Russia: 15 billion in additional oil and gas revenues
Windfall from the sharp rise in oil prices
28 May, 09:49
(ANSA-AFP) - LYSYCHANSKYI, MAY 28 - In Moscow, Finance
Minister Anton Siluanov said the country expects to receive one
trillion rubles ($15 billion) in additional oil and gas revenues
this year, a windfall from the sharp rise in oil prices caused
in part by its invasion of Ukraine. As his navy blockades
Ukrainian ports, Putin also rejected accusations that he was
using food shortages as a weapon. Russia and Ukraine supply some
30 percent of the wheat traded on global markets. Russia has
tightened its own exports and Ukraine has vast amounts stuck in
storage, driving up prices and cutting availability for
importers across the globe. (ANSA-AFP).
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