In a bid to stabilise fuel prices ahead of the upcoming elections, the Biden administration has intentionally implemented softer energy sanctions against major oil-producing countries like Russia, Iran, and Venezuela. …
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oil exports
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BUSINESS & ECONOMYENERGYSECURITY & DEFENCE
Russian Oil Production Expected to Remain Stable Despite Sanctions
Oil production in Russia is projected to remain stable over the next five years, despite international sanctions, as the state-owned company PJSC “Rosneft” begins extraction at a new major Arctic …