- In August, according to the Russian Ministry of economy, Russia’s revenue in 2022 rose to $337.5 bn, up 38 percent from 2021, due to rising energy prices.
- Any price cap on the purchase of Russian oil and gas will positively impact Ukraine and its allies because it limits the amount of money Russia can make by selling its commodities.
- By the beginning of September, seven packages of sanctions had been introduced against the Russian Federation, the scale of which exceeded the restrictions that have been in place against Iran for several decades.
Russia Sanctions Work in Tech, Will Work in Economic – head of IB, Dragon Capital
