Post
Topic
Board Economics
Re: Who will Replace Russian Gas Supplies to Europe?
by
Sithara007
on 28/06/2022, 02:15:13 UTC
^^^ According to the International Energy Agency, Russia earnt more than $20 billion per month so far in 2022 from their fossil fuel exports. Here is the link:

https://www.businessinsider.in/stock-market/news/russia-is-earning-20-billion-per-month-in-oil-sales-as-higher-crude-prices-lift-export-revenue-50-says-iea/articleshow/91525171.cms

Now do you want to say that the IEA is a proxy of Russia? I am not sure whether that will work. On top of that, some of the experts have suggested that a few shipments to China and India have occurred under the radar and these are not tracked by the IEA. Anyway, from what I could see business goes on as usual in Russia. Back in February, Brandon and his cronies were predicting a complete economic meltdown in two weeks time.