Russia’s oil export revenue soars to $98 billion as war in Ukraine rages on.

A report shows Russia’s revenues from exports of oil and gas reaching record highs during the first 100 days of the war, with Moscow taking in 93 billion euros ($98 billion), most of it from European Union customers.

The report from the independent, Finland-based Centre for Research on Energy and Clean Air (CREA) shows the top clients for Russian oil, gas and coal being China with 12.6 billion euros, followed by Germany (12.1 billion euros) and Italy (7.8 billion euros).

The EU last month agreed to halt most Russian oil imports but an embargo on Russian gas is not on the cards at present.

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