Russia’s president Vladimir Putin. Photo: Getty
The Kremlin is earning the most from its oil exports since just after the 2022 invasion of Ukraine as it cashes in on the war in the Middle East, boosting crude flows amid soaring prices and eased sanctions.
A surge in both the prices of Russia’s export grades and the level of shipments drove a second big jump in weekly income, lifting it to the highest since March 2022, shortly after Moscow’s troops poured into Ukraine.
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