Russia says it received $3.6 billion less than it forecast from March oil and gas sales, suggesting

[Yo_Mama_Been_Loggin]

the Ukraine war and Western sanctions hit exports

Russia made considerably less money than forecast from oil and gas sales in March, suggesting that the Kremlin underestimated the impact of the Ukraine war.

Revenue from oil and gas sales in March was 302 billion rubles ($3.6 billion), or 38%, lower than Russia's finance ministry forecast on March 3, according to data from the ministry, published Tuesday.

Russia is a leading oil supplier and the world's top gas exporter, and Europe typically gets about 40% of its natural gas from Russia. However, European and other Western nations have been switching away from Russian supplies in the wake of the Ukraine invasion.

Russia's finance ministry forecast on March 3 that the country would make around 790 billion rubles in revenue from oil and natural gas sales in March. The actual figure was closer to 488 billion rubles.

https://www.msn.com/en-us/money/markets/russia-says-it-received-dollar36-billion-less-than-it-forecast-from-march-oil-and-gas-sales-suggesting-the-ukraine-war-and-western-sanctions-hit-exports/ar-AAVShPz

No new yachts for you/

[onecaliberal]

1. Fuck Russia.

[BeyondGeography]

2. Get used to it

[grumpyduck]

3. Ol' Vlad probably wasn't too happy about that. nt

[abqtommy]

4. snark on: Everybody knows BDS/Boycott, Divestment, Sanctions* don't work! snark off

*This program originated in Palestine.