In April, Russia exported more oil than any other month since the invasion of Ukraine in February 2022, Financial Times reports.
Approximately around 80% of crude shipments are to China and India, according to the International Energy Agency.
Russia’s oil export revenues increased by €1.7 billion to $15 billion in April, up from $13 billion in March, according to IEA estimates.
Despite shipping more oil, Russia’s monthly oil export revenues were 27% lower than last year, partly because of lower global energy prices.
