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Are the West's tightening oil sanctions finally taking their toll on Russia’s economy?
Russian oil and gas revenue fell by a fifth in 2025 to their lowest point in five years. But while Western sanctions have no doubt played a role, experts remain unconvinced that Moscow's growing budget problems will change its determination to continue its grinding advance across Ukraine.
Russian oil and gas revenue fell by a fifth in 2025 to their lowest point in five years. But while Western sanctions have no doubt played a role, experts remain unconvinced that Moscow's growing budget problems will change its determination to continue its grinding advance across Ukraine.
