Russia Confounds the West by Recapturing Its Oil Riches . . . WSJ points out the russkies are making MORE money than before the special military operation, despite western sanctions!

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most of the story, in case you hit a paywall:

Moscow is raking in more revenue than ever with the help of new buyers, new traders and the world’s seemingly insatiable demand for crude

Russia pumps almost as much oil into the global market as it did before its invasion of Ukraine. With oil prices up, Moscow is also making more money.

Demand from some of the world’s largest economies has given Russian President Vladimir Putin the upper hand in the energy battle that shadows the war in Ukraine, and has confounded the West’s bid to cripple Russia’s economy with sanctions.

...Before the war, Russia supplied Europe with 40% of its gas. It has since throttled flows through the Nord Stream pipeline to Germany and other conduits, driving prices higher and putting pressure on European households and businesses.

Oil revenue more than makes up the difference....Moscow earned $97 billion from oil and gas sales through July this year, about $74 billion of that from oil, she said.

The country exported 7.4 million barrels of crude and products such as diesel and gasoline each day in July... down only about 600,000 barrels a day since the start of the year.

Even with the dip in oil exports, Russia has earned $20 billion in average monthly sales this year compared with a $14.6 billion monthly average in 2021, when economies were recovering from the pandemic crash.