Eastern Europe

$98B In 100 Days Of Fighting For Russian Gas Sales

International Gas Pipeline route from Russia to Europe 
Image by gailhampshire

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The Russian Federation earned $98B in the first 100 days of the 2022 invasion phase of the Ukrainian conflict ongoing since 2014. In short, losses from Western sanctions have been made up by the increased price of hydrocarbons on international commodity markets, reported the intelligence firm Inkerman.

  • A report by the Finland-based Centre for Research on Energy and Clean Air says that Russia have earned US$98 billion from fuel exports within the first 100 days of the Ukraine conflict.
  • The EU were the top importer of fuel, with Germany and Italy in particular emerging as significant importers.
  • The report comes as Ukrainian officials call on the west to sever all trade with Russia.
  • It is believed that a reduction in trade of fossil fuels with Russia is being offset by the increase in prices.

In addition, Inkerman reports according to the governor for Severodonetsk the Russians have destroyed all three bridges out of the city.

This means that remaining soldiers and civilians will likely be left unable to escape into the neighbouring city of Lysychansk.

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