Putin’s Oil Revenue Drops Like My Motivational Monday

Russia’s oil and gas war fund took a nosedive in July, slashing revenue by 27%. Putin collected $9.8 billion, but the Kremlin budget still managed a 'deficit of 3.7 trillion rubles,' proving even war machines hate a tight wallet. EU slapped a fancy 15% below-market price cap, while Trump’s busy turning India into his personal energy debt collector with a 25% tariff threat. Trump claimed, 'Putin will stop killing people if you get energy down another $10 a barrel,' like he’s the world’s crankiest babysitter trying to defund a tantrum.

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Source: Businessinsider | Published: 8/6/2025 | Author: Huileng Tan