Russia's oil and gas revenues drop 38.3% in Jan–Apr 2026, Finance Ministry says. Total revenues fell 4.5%, spending rose 15.7%.
Russia's federal budget oil and gas revenues for January-April 2026 amounted to 2,298 billion rubles, down 38.3% year-on-year, primarily due to previous oil price declines, the Finance Ministry said. Total budget revenues fell 4.5% to 11,721 billion rubles, while spending rose 15.7% to 17,598 billion rubles.
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