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Russia expects to derive $13.6B from Strait of Hormuz oil spike
Russia is expecting that the ongoing maritime crisis in the Strait of Hormuz could inject 1 trillion Russian rubles (approximately $13.6 billion) in windfall revenue into the country’s budget, the …
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tass.com
No nation can replace 16 mln bpd of oil lost in Hormuz closure — Rosneft CEO
Igor Sechin redirected the question about the possibility of oil prices rising to $150 per barrel if the Strait of Hormuz remains closed for several more months to US President…
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Additional Russian budget revenue from Hormuz situation may reach $13.61 bln
According to the Russian Finance Minister Anton Siluanov, oil prices at the beginning of the year were not particularly favorable for the budget, but market conditions have changed
