(KYIV) – Russia’s oil and gas revenues have plunged by 50 per cent in January 2026 compared to the previous year, reaching the lowest levels recorded during the era of the Russian dictator, Vladimir Putin. This fiscal crisis follows the combined impact of Ukrainian drone strikes on energy infrastructure, international economic sanctions, and increasing diplomatic isolation. The Russian Ministry of Finance confirmed that tax receipts from the energy sector totalled 5.1 billion US Dollars (£4.05 billion) for the month, a…
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