Last month, India imported an average of 5.4 million barrels of crude oil per day from Russia, maintaining the country's position as India's top supplier.

A minister stated that Russian-Belarusian trade turnover reportedly increased by 14% during the first seven months of 2026. This claim, attributed to an official, has not yet been independently verified.

The document states that short-term oil prices are expected to depend on the outlook for export recovery from Middle Eastern nations and the rate of global inventory rebuilding following the cessation of hostilities.

According to available projections, oil and gas revenues for the federal budget in 2027 are expected to account for approximately 2.8% of the Gross Domestic Product. These figures represent forward-looking estimates and are subject to change based on market conditions and policy developments.