It’s been able to do so in part thanks to record oil and gas revenues, as it has filled a supply gap during the energy crisis triggered by Russia’s 2022 invasion of Ukraine. In 2022 alone, hydrocarbon sales generated roughly $150 billion for its national coffers,

U.S. President Donald Trump’s special envoy Keith Kellogg said in Kyiv on Monday that officials are “working very, very hard” on efforts to end the three-year war between Russia and Ukraine, as a lack of progress fuels doubts about whether a peace settlement could be on the horizon.

Here are the key events on day 1,276 of Russia’s war on Ukraine. Officials warn Ukraine’s strike on Unecha oil pumping station risks halting supplies for at least five days. Both Russia and Ukraine are trying to show US President Donald Trump that they are ready to try to strike a peace deal.