>>22113617>The oil and gas sector's share in Russia's GDP has fluctuated over recent years. In the second quarter of 2024, it accounted for 16.7% of GDP, down from 18% in the first quarter of 2024. Oil and gas revenues have been a critical source of budget revenues for Russia, accounting for around a third to a half of total federal budget proceeds over the last decade. In 2022, oil and gas revenue in the federal budget accounted for nearly eight percent of Russia's GDP, according to data from 2022. Revenue from oil and gas sales has seen significant changes due to factors like sanctions and fluctuating oil prices. For instance, in the first half of 2024, oil and gas revenues rose by around 41% year on year, reaching 5.698 trillion roubles ($65.12 billion) due to rising oil prices and the weaker rouble.
Source: AI
I don't think they'll want to end the war only to in the end have less economic benefit from it.
