Business

Russia’s oil revenues drop but export volumes higher than pre-war levels

Falling oil margins, along with a strong ruble, have led Russia to weigh a downgrade to its 2026 GDP growth forecast. Photo by Contributor/Getty Images
Falling oil margins, along with a strong ruble, have led Russia to weigh a downgrade to its 2026 GDP growth forecast. Photo by Contributor/Getty Images

The volume of Russian crude exports remained 6% above pre-invasion levels.