Sanctions reduce Russia oil export revenues


Sanctions reduce Russia oil export revenues

Reading

Read this text and listen to it at the same time. If you don’t know a word click it to see explanation, hear pronunciation or add it to vocabulary.
Sanctions reduce Russia oil export revenues

Russia has earned less money from oil and gas lately. This makes it harder to pay for the ongoing war.

New rules from the US and EU caused this big drop. India also started buying much less Russian oil.

Russia now borrows money and raises taxes to fill the gap. But this also hurts the country's weak economy.

Buying Russian oil is now very risky for many companies. Many tankers are full, and prices are much lower.

Russia's economy is growing slowly, and war costs remain high. This might make Russia change its war strategy soon.


Questions

Answer the questions to the text. Speak or write, you choose. AI will assess your answers.

Why has Russia earned less money from oil and gas?

New rules from the US and EU caused this big drop, and India also started buying much less Russian oil.

How is Russia trying to manage its financial problems?

Russia now borrows money and raises taxes to fill the gap.

What might happen to Russia's war strategy?

Russia's economy is growing slowly, and high war costs might make it change its war strategy soon.


Describe the article image

Look at the article image and describe what you see on it. You may either speak or write your answer there.


Discussion

Discuss this article with your AI tutor to practice. Your tutor will help you with vocabulary and grammar.

Read a new article every day and
discuss it with AI at lingolette.com
All content and tasks are generated by AI inspired by a real publication.
Sanctions reduce Russia oil export revenues