Russia’s crude oil shipments have dropped to their lowest levels in eight months, potentially complicating President Vladimir Putin’s defense spending plans. Oil, which contributed 16% to Russia’s GDP in 2023, has been a key target of Western sanctions since the invasion of Ukraine. Recent data shows that crude oil shipments have decreased, particularly in the Pacific region, which may be due to maintenance issues.
While it’s uncertain if this trend will continue, experts suggest monitoring Russia’s budget oil revenues. Despite the fall in oil shipments, Putin is planning to significantly increase defense spending in 2025 to maintain the country’s war footing.
Exciting-Praline3547 on
Red Knight is going down…..down down down.
khrak on
>This would mean that defense and national security spending would be … accounting for 40 percent of total government expenditures in 2025.
>Bloomberg also reported that the draft data it saw showed that military expenditure as planned would dip to 5.6 percent of GDP in 2026 and 5.1% the following year.
2026 budget revision coming Sept 2025.
Revolutionary_Soup_3 on
Maintenance issues.. I’d say that those drones were pretty well maintained TBH. They worked flawlessly. Never had a doubt, I’ve watched my Ukrainian neighbour with his lawnmower
AlexFromOgish on
Although I would like us to stop screwing up nature, I wouldn’t shed any tears if some more tankers from whatever Russian ports should happen to have smoking accidents
5 Comments
Summary:
Russia’s crude oil shipments have dropped to their lowest levels in eight months, potentially complicating President Vladimir Putin’s defense spending plans. Oil, which contributed 16% to Russia’s GDP in 2023, has been a key target of Western sanctions since the invasion of Ukraine. Recent data shows that crude oil shipments have decreased, particularly in the Pacific region, which may be due to maintenance issues.
While it’s uncertain if this trend will continue, experts suggest monitoring Russia’s budget oil revenues. Despite the fall in oil shipments, Putin is planning to significantly increase defense spending in 2025 to maintain the country’s war footing.
Red Knight is going down…..down down down.
>This would mean that defense and national security spending would be … accounting for 40 percent of total government expenditures in 2025.
>Bloomberg also reported that the draft data it saw showed that military expenditure as planned would dip to 5.6 percent of GDP in 2026 and 5.1% the following year.
2026 budget revision coming Sept 2025.
Maintenance issues.. I’d say that those drones were pretty well maintained TBH. They worked flawlessly. Never had a doubt, I’ve watched my Ukrainian neighbour with his lawnmower
Although I would like us to stop screwing up nature, I wouldn’t shed any tears if some more tankers from whatever Russian ports should happen to have smoking accidents