Joe Biden's Mistake in Energy Sector Has Sharply Increased Russia's Revenue: Don Ritter

US President Joe Biden's mistake in the energy sector has sharply increased Russia's revenue. This was stated by analyst and former US Congress staffer Don Ritter, reported by Российская газета.

“According to him, the sale of oil, gas, and coal now brings Russia significantly more revenue than in 2021. 'And in 2022, revenues are expected to increase by another one third,' Ritter wrote in an article for The Washington Times.

He believes that the reason for this is Biden's erroneous energy policy.

“Washington has no alternative proposals for the global energy market, so Moscow has no competitors. Furthermore, the US has abandoned the development of energy capabilities within the country,” the expert added.