Russia Is Making Bank on Trump’s Iran War
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- Russia earned €713 million per day from fossil fuel exports in March, with tax receipts of €7.4 billion for the month, according to CREA.
- Trump eased sanctions on Russian energy exports for two consecutive months, allowing a 16% rise in crude volumes and a 115% jump in seaborne revenue in March.
- Iran war lifted global oil prices by over 50%, wiping out the discount on Russia’s Urals crude and driving the profit surge.
Why it matters: Russia gains €713 million daily oil revenue and €7.4 billion tax receipts; US consumers and allies face higher fuel prices, while sanctions relief weakens Western leverage on Moscow.
