US Official Admits Russian Energy Sales Outpacing Pre-War Levels

US Official Admits Russian Energy Sales Outpacing Pre-War Levels

US energy security envoy Amos Hochstein has acknowledged that Russia might be making more revenue from fossil fuels than before its February invasion of Ukraine. Washington has responded with waves of sanctions aiming to crush the Russian economy.  Hochstein made the comments during a hearing for the Senate Subcommittee on Europe and Regional Security Cooperation. In response to a question about whether Moscow was making more money now off its fossil fuel sales, Hochstein said, “I can’t deny that.” In May, the International Energy Agency said that Russia's oil revenue was up 50% this year....

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