Russia is exporting the most oil since invading Ukraine as Moscow has little trouble finding willing buyers, IEA says
Russia in April exported the most oil since launching its war against Ukraine, highlighting Moscow's ability to continue selling one of its key commodities after it was hit with sanctions last year.
"Russia seems to have few problems finding willing buyers for its crude and oil products," the IEA said in itsRussia's revenue from oil exports rose by $1.7 billion last month to $15 billion, according to the IEA. But that take was 27% lower than the year-earlier period. The European Union used to be the largest market for Russia's oil exports, but the February 2022 invasion of Ukraine ordered by Russian President Vladimir Putin ended that.
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