Russia couldn’t fix its oil revenues. The US Air Force did it.
First-half March data show Russia’s fossil fuel revenues up 14%, as the Hormuz closure reversed India’s retreat from Russian crude.
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India and Russian oil
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US gives India 30 days to offload 140 million barrels of Russian crude—oil its own sanctions stranded at sea
Washington’s waiver covers crude that accumulated offshore after its own pressure campaign cut India’s Russian imports by more than a third.
Kremlin’s expectations unmet: Russia angry at US sanctions on top energy companies
Lavrov calls it "Bidenism."