ABC News – Australia · australia

Putin benefits from Iran war as oil prices soar and exports rise

14 hours ago

Russian President Vladimir Putin has gained financially from the Iran war, with oil prices soaring amid the crisis. Since the U.S. temporarily waived sanctions on loaded Russian oil tankers in March, exports have surged, contributing an estimated $1.6 billion to Russia's budget for every $10 increase in oil prices per barrel.

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Summary by Glance · Original reporting by ABC News – Australia

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