Part 6/14:
Moreover, illicit trade routes and third-party purchases have allowed Russia to continue generating substantial revenue from its energy exports. Despite declining seasonal levels in Russian oil exports, the country's economy still heavily depends on fossil fuel revenues, which account for a quarter of its budget. The International Energy Agency warns that these trends could threaten Russia's ability to sustain long-term production amid the ongoing conflict.
President Trump insists that European nations need to pressure China as well, which continues to fund Russia's efforts. His administration has already imposed a 50% tariff on Indian exports related to Russian oil, targeting the secondary market where Russia benefits from indirect sales.