[HIGHLIGHTS] Is Putin tricking the West? Profits for oil and gas apparently increased by 80 percent

Is Putin tricking the West? Profits for oil and gas apparently increased by 80 percent. But the development is unlikely to remain this way in the long term.

Russia is one of the three largest oil producers in the world. Russia could lose an important source of income because of the sanctions. The sanctions are having an effect. Russia's revenue from oil andGas fell significantly in 2023 - a major setback for Putin. The U.S. recently tightened sanctions against Russia and also targeted Putin's shadow fleets.