Аннотация: This article examines key trends in the development of Russian energy exports amid geopolitical transformation and sanctions pressure in 2025–2026. Particular attention is paid to the reorientation of supplies from Western markets to countries in the East and South, changes in the structure of oil and gas production and exports, and the transformation of logistics chains. Statistical data on export volumes and destinations, the impact of OPEC+ decisions, and the increasing logistics costs associated with the use of "shadow fleets" and alternative routes are analyzed. A conclusion is drawn regarding the emergence of a sustainable long-term trend toward restructuring the entire energy supply system, despite the associated economic and infrastructural challenges.