Vincent McAveeny

We know that Russia is really struggling in the war in Ukraine.

The advances the Ukrainians have made, particularly in drone technology, have seen them really struggle on the battlefield.

They have now lost territory in recent weeks.

So they're very much dependent on this to fund them because they've also got a manpower issue.

Some estimates up to half a million Russians have been killed over these four years of war.

They're struggling to get people in.

There's talk about more conscription perhaps coming back.

And so Russia really needs the money from this oil to pay the soldiers and get those munitions.