Crude oil futures have jumped over 40% since the Iran war started. The US has also temporarily eased some sanctions pressure on Russian oil.

Russia’s ruble has muscled its way to become the world’s best performer against the dollar so far this quarter, buoyed by a surge in foreign currency receipts from …

The ruble has advanced roughly 12% since the start of April to 72.6 per dollar, the strongest level since February 2023.