Russian oil revenues surge amid Iran–US–Israel conflict

Russia’s crude oil exports have risen sharply in the wake of the Iran–US–Israel conflict, significantly boosting its revenues.

According to international media reports, Russia earned $19 billion in March, compared to $9.7 billion in February.

Data from the International Energy Agency indicates that Russian crude oil exports increased from 320,000 barrels per day to 7.1 million barrels per day in March.

During the same period, prices of crude oil and petroleum products surged, enabling Russia to generate higher-than-expected income from its energy exports.