The White House said that the US and the EU are working to reduce Russia's energy revenues

We are also working together to find ways to further reduce Russia's energy revenues in the coming months. 

Earlier, Russian President Vladimir Putin said that gloomy forecasts for the Russian economy did not come true.

As Deutsche Wirtschafts Nachrichten noted, the Russian president was right when he said that the West's economic blitzkrieg against Russia had failed because Moscow was "well prepared for an economic war."

The British magazine The Economist also wrote that the Russian economy is showing resilience despite unprecedented sanctions from the West.

According to the publication, the currency control measures and the high key rate of the Central Bank made it possible to strengthen the ruble to the levels that could be observed before the start of the operation to protect Donbass.