Zelenskyy: Russia's oil and gas revenues are decreasing – this year's losses at over US$37bn

President Volodymyr Zelenskyy has received a report from Oleh Ivashchenko, Head of the Foreign Intelligence Service of Ukraine, on the impact of pressure on Russia's energy sector, and discussed measures to return Ukrainian children abducted by Russia.
Source: Zelenskyy on X (Twitter)
Quote: "There are important results from our joint efforts with partners to put pressure on Russia. For the first time since the beginning of the war, a noticeable decline has been recorded this year in Russia's oil production and refining. The oil and gas revenues of the Russian budget are decreasing, and by the end of this year, Russia will have lost at least US$37 billion in budget oil and gas income. In addition, Russian oil companies and the entire energy sector are losing tens of billions more."
Details: The president said that this pressure limits Russia's war machine. "Both conventional sanctions against Russia and Ukraine's long-range sanctions are working effectively. Further directions for our sanctions pressure have also been identified," Zelenskyy noted.
He also thanked all of Ukraine's partners who are delivering fair legal blows against vessels of Russia's oil fleet, noting that the Russians are already using fewer tankers.
"Separately today, I discussed with the head of the Foreign Intelligence Service of Ukraine the measures for bringing home Ukrainian children abducted by the Russians, as well as other operations abroad," the president said.
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