Russian Oil and Gas Revenues Drop to $7.7 Billion in March
The Russian Ministry of Finance reported a significant decline in government oil and gas revenues, which fell by <strong>43%</strong> in March, amounting to <strong>617 billion rubles</strong>, or approximately <strong>$7.72 billion</strong>, compared to the same month last year. This decrease is attributed to falling oil prices and the strengthening of the ruble.