Russia's oil and fuel exports, revenue hit lowest since the start of Ukraine conflict, IEA says

Group 1 - Russia's crude oil and refined product exports and revenues reached their lowest levels since the onset of the Ukraine conflict in February 2022, according to the International Energy Agency (IEA) [1] - Crude oil exports from Russia declined by 410,000 barrels per day in February, falling to 4.2 million barrels per day, primarily due to reduced exports to India and disruptions in the Druzhba pipeline to Hungary and Slovakia [1] - The decline in oil exports is significant as commodity revenues are crucial for the Russian state budget, especially to support increasing military expenditures [1]