Oil and gas revenues of Russian budget down 22.7% in 1H year-on-year
AI Summary
Russian budget revenues from oil and gas fell by 22.7% in the first half of the year, while non-oil and gas revenues increased by 16.3% to $197 billion. This indicates a significant shift in the revenue structure of the Russian budget amid changing energy market dynamics.
Non-oil and gas revenues of the budget for January-June 2026 increased by 16.3% year-on-year to $197 bln
World Politics Markets Commodities Energy Russia budget revenues oil and gas energy markets economic shift non-oil revenues first half 2026