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Thanks to India and China, Russia's oil revenues will increase | Perspective

Thanks to India and China, Russia's oil revenues will increase by 50% in 2022

The International Energy Agency (IEA) admits in a new report that Russia receives about $20 billion a month from oil sales. Despite the fact that the European Union is discussing an embargo on Russian energy and the leadership of major international oil companies are promising to abandon Russian oil, there is no replacement for hydrocarbons from Russia.

Against the background of the desire of Western countries to stop buying, China and India are only increasing exports, taking this "cargo" that Europe "no longer needs".

Earlier, it was reported that dozens of laden Russian tankers headed for the Asia-Pacific region, carrying about 20 million barrels of oil.

Russian Deputy Prime Minister Alexander Novak confirmed the desire of Russian oil companies to find new export destinations, and these plans are being successfully implemented.