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#week#oil#russian#crude#export#data#suggests#rise#prices#plus

Discussion (1 Comments)Read Original on HackerNews

MilnerRoute•about 2 hours ago
"Crude oil export data suggests the rise in prices, plus the easing of American sanctions on countries buying Russian oil, boosted Russian revenues to 2.3 times their December-February levels in the third week of the Iran war. But in the fourth week, Ukrainian drone strikes on energy-producing infrastructure reduced Russia's earnings by $1bn, eradicating around two-thirds of the previous week's gains."