Russian energy revenues grow year-on-year Handelsblatt

Income reportedly increased 5% last month compared to July 2022

Russia saw revenues from energy exports surge last month despite Western sanctions that include embargos and price caps on the country's oil, German news outlet Handelsblatt reported on Thursday.

According to the publication, Moscow's revenues from oil and gas sales grew 5.3% year-on-year in July and amounted to $8.66 billion.