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russian oil

The revenue generated by Russia’s main oil tax in April amid the Iran war, per Reuters calculations. The amount is double last month’s revenue, and up by 10% from this time last year.
Hard Numbers

Hard number: Russia’s oil windfall

The Iran war has pushed Brent crude prices to $100 per barrel, up from around $70 before the conflict began.

US President Donald Trump aboard Air Force One en route to Joint Base Andrews, Maryland, USA, on March 29, 2026.
What We're Watching

Trump mulls next move in Iran, US allows Russian tanker to reach Cuba, Myanmar’s military coup leader set to become president

​Liberia-flagged Aframax tanker Suvorovsky Prospect discharges fuel oil from Russia at the Matanzas terminal, in Matanzas, Cuba, on July 16, 2022.
Analysis

Putin’s gamble in Cuba

A tanker carrying Russian oil is headed toward Cuba, setting up a potential confrontation with the US military around the communist-run Caribbean island.

A Russian LNG tanker, Arctic Metagaz, damaged earlier this month and currently adrift without crew, floats in the Mediterranean Sea, in this handout picture released on March 13, 2026.​
Hard Numbers

Abandoned Russian oil tanker drifts toward Libya, Pentagon reportedly makes hefty financial request, K-pop group returns, & Nigerian leader makes rare UK visit

700: The tons of fuel and liquefied natural gas aboard a Russian tanker that is currently floating around the Mediterranean Sea unmanned, after a drone attack earlier this month prompted the crew to abandon ship.

Cargo ships are unloading newly arrived chemical fertilizers at the port terminal in Lianyungang, East China's Jiangsu province, on February 27, 2024. ​
What We're Watching

Iran conflict fueled food crisis, Rapper set to win in Nepal, US gives Russia sanction relief

Disruptions to a key Gulf waterway in the Iran conflict aren't just threatening the world’s oil and gas supplies; they could also cause a food security crisis.

A man holding a South Sudan flag takes part in a national day of prayers for peace in Juba, South Sudan, on September 19, 2019.​
Hard Numbers

Fears rise of another South Sudan civil war, Democrats see opening after Texas primary, Shots fired at Toronto synagogue, Iran conflict has India seeking alternative oil sources

Graphic Truth: Russia’s declining fossil fuel revenues
Graphic Truth

Graphic Truth: Russia’s declining fossil fuel revenues

In terms of volume, Russia’s fossil fuel exports have declined a little since the full-scale invasion of Ukraine began in 2022. In terms of revenue, they’ve dropped significantly.

​A French navy boat intercepts and redirects a suspected Russian oil tanker in the Gulf of Fos-sur-Mer, near Martigues, France, on January 25, 2026.
Hard Numbers

Russia reportedly smuggles its oil in droves, Tunisia slips further away from democracy, Argentina’s labor reform bill clears another hurdle, Rough day for diamond giant

$90 billion: The amount of revenue that Russia has reportedly made from smuggled crude oil exports, after 48 companies worked together to help disguise the origin of the oil and circumvent sanctions that have been imposed since the full-scale war on Ukraine began.

​World Central Kitchen staff hand out free soup in a neighbourhood that experiences electricity and heating outages following recent Russian attacks on Ukraine’s civilian infrastructure during subzero temperatures in Kyiv, Ukraine February 3, 2026.
Hard Numbers

Hard numbers: Russia bombards Ukraine again, Spain considers social media ban, Rape trial begins for son of Norwegian royal

1,170: The number of high-rise buildings in Kyiv that were left without heating following a barrage of Russian attacks last night on Ukraine’s capital and its energy facilities, per Kyiv Mayor Vitali Klitschko.

​US President Donald Trump and Indian Prime Minister Narendra Modi at the White House in Washington, D.C., USA, on Feb. 13, 2025.
What We're Watching

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