With China and India buying Russian oil, Moscow is earning more than before the war [View all]

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...China and India, the world’s most populous countries, have swooped in to buy roughly the same volume of Russian oil that would have gone to the West. Oil prices are so high that Russia is making even more money now from sales than it did before the war began four months ago. And its once-flailing currency has surged in value against the dollar.

Russian officials are smirking over what they are calling a spectacular failure to cow Mr. Putin. And the economic pain the oil boycott was meant to inflict is reverberating not so much in Moscow but in the West, especially the United States, where skyrocketing oil prices pose a potent threat to President Biden less than halfway into his term...

https://www.nytimes.com/2022/06/21/world/europe/ukraine-russian-oil-embargo.html