Russia is exporting the most oil since invading Ukraine as Moscow has little trouble finding willing buyers, IEA says

• Russia’s oil exports hit their highest since Moscow invaded Ukraine last year, the IEA said. 
• Crude oil exports reached a post-invasion high of 8.3 million barrels a day in April. 
• “Russia seems to have few problems finding willing buyers for its crude and oil products.” 

Russia in April exported the most oil since launching its war against Ukraine, highlighting Moscow’s ability to continue selling one of its key commodities after it was hit with sanctions last year. 

Oil exports hit a post-invasion high of 8.3 million barrels a day, the International Energy Agency said Tuesday, estimating the country didn’t fully cut production by 500,000 barrels a day as it previously planned. Last year, Russia exported an average of 7.7 million barrels a day.