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Bloomberg: Russia earns $24 billion from selling fossil fuels to China and India
July 6, 2022 10:44 PM
1 min read
This audio is created with AI assistance
As energy prices have skyrocketed due to Russia's invasion of Ukraine, Russia sold nearly $19 billion worth of oil, gas and coal to China by the end of May, doubling last year's figure. India shelled out some $5 billion for the same period, five times more compared to a year ago. According to analyst Lauri Myllyvirta, China is buying “essentially everything that Russia can export via pipelines and Pacific ports.”

The Kyiv Independent news desk
We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.
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