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Bloomberg
Bloomberg
US · 3 hrs ago
78◉ Centre
Russian Oil Price at Highest Since 2023 Boosts Kremlin Windfall
78Credibility
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AI Analysis
Credibility 78/100
Partisan intensity 35/100
ObjectivePartisan
◉ Centre ✓ Fair headline

Russian Urals crude oil prices have risen to their highest level since October 2023, driven partly by tensions related to Iran, providing increased revenue to the Russian government.

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Russian Oil Price at Highest Since 2023 Boosts Kremlin Windfall
Russia is getting a further boost from the Iran war as the price for its flagship Urals oil export blend reached the highest since October 2023 for tax purposes this month.
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