Brent Crude & Russia
109 shared events · Importance 7 · Last updated Jul 06, 2026
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International
Brent Crude: Brent Crude prices fell after the OPEC+ agreement and the reopening of the Strait of Hormuz, returning to pre-war levels.
Russia: Russia, as a key member of OPEC+, agreed to increase its oil output by 62,000 bpd in August. Its crude exports have also increased due to damaged refineries from Ukraine's drone attacks.
Mar 09, 2018 · 100 articles
International
Brent Crude: Brent Crude futures shot past $100 per barrel following the closure of the Strait of Hormuz, indicating a significant increase in global oil prices.
Russia: Russia's oil tax revenue is projected to double to $9 billion in April due to the global energy crisis triggered by the US and Israeli attack on Iran, leading to a significant financial windfall.
Apr 09, 2026 · 15 articles
International
Brent Crude: Brent Crude is a benchmark for oil prices. Its price staying below $85/bbl is seen as beneficial for India, but a full normalization of the Strait of Hormuz could cause its price to crash.
Russia: Russia is a non-member nation of OPEC+ that coordinates with the group. Its potential return to full supply after a resolution in Ukraine could add more oil to the market, impacting prices.
Jul 06, 2026 · 6 articles
International
Brent Crude: Brent Crude>>> futures prices rose due to ongoing concerns over tight global supply and the closure of the Strait of Hormuz, despite the waiver's intent to stabilize markets.
Russia: The sanctions waiver allows Russia>>> to continue selling seaborne oil, providing revenue that critics argue helps finance its war against Ukraine>>>.
May 18, 2026 · 12 articles
International
Brent Crude: Brent Crude prices were impacted by the Iran war, surging to $126 a barrel, and are now trading lower as the market anticipates increased supply and a potential oversupply.
Russia: Russia is an allied producer within OPEC+ and is part of the agreement to lift oil production quotas.
Jul 06, 2026 · 6 articles
International
Brent Crude: Brent Crude prices are influenced by global geopolitical events and supply disruptions, with its trading upwards reflecting market volatility and anxieties over supply bottlenecks.
Russia: Russia benefits from India's continued purchases of its crude oil, maintaining a significant market for its exports amidst Western sanctions and potentially selling at a premium due to altered global oil dynamics.
May 18, 2026 · 21 articles
International
Brent Crude: Brent crude prices have risen sharply due to the Iran war and the closure of the Strait of Hormuz, impacting global inflation and economic outlook.
Russia: Russia is gaining from the Iran war due to increased fossil fuel prices, and the US decision to extend a sanctions waiver for Russian seaborne oil has caused tension within the G7.
May 05, 2026 · 374 articles
International
Brent Crude: Brent Crude prices hit $83.07 per barrel due to the Middle East crisis, reflecting the instability in global energy markets.
Russia: Russia is the source of oil for India, and while the waiver allows continued purchases, the US states it will not provide significant financial benefit to the Russian government.
Mar 06, 2026 · 6 articles
International
Brent Crude: Brent Crude prices dropped significantly due to the ceasefire and the expected reopening of the Strait of Hormuz.
Russia: Donald Trump has previously used two-week deadlines in negotiations to end Russia's war with Ukraine, a pattern of behavior noted in the current Iran ceasefire.
Apr 07, 2026 · 79 articles
International
Brent Crude: Brent Crude prices rose to $109, a 50% increase since the war began, due to Iran's control over the Strait of Hormuz and its attacks on regional energy infrastructure, significantly impacting global energy markets.
Russia: Russia's Foreign Minister Sergey Lavrov spoke with Iranian Foreign Minister Abbas Araghchi, indicating Russia's involvement in diplomatic exchanges concerning the conflict.
Mar 29, 2026 · 65 articles
International
Brent Crude: Brent Crude prices fell significantly after the US and Iran signed an interim agreement, signaling increased oil supply and easing concerns about the Strait of Hormuz closure.
Russia: Russia is mentioned in the context of the G7 leaders' commitment to bolster Ukraine's military and energy capabilities and intensify pressure on Russia's war economy through strengthened sanctions.
May 27, 2026 · 425 articles
International
Brent Crude: Brent Crude futures experienced significant fluctuations, falling sharply on news of the ceasefire and reopening of the Strait of Hormuz, reflecting market expectations of increased oil supply and stabilized prices.
Russia: Russia's oil refinery was hit by Ukrainian drones, which could have minor implications for global oil supply and prices.
Apr 20, 2026 · 302 articles
International
Brent Crude: Brent Crude>>> prices were down on Thursday, trading below $92 a barrel, but could rise to $150 if the Strait of Hormuz>>> remains shut.
Russia: Russia is mentioned as the location where Iran's ambassador made the statements, but Russia's direct involvement in the Strait of Hormuz fee dispute is not detailed.
Apr 20, 2026 · 508 articles
International
Brent Crude: Brent Crude prices have soared due to the tensions and disruptions in the Strait of Hormuz, reflecting increased market uncertainty and supply concerns.
Russia: Russia is involved in ongoing conflict with Ukraine, an unrelated international geopolitical event.
Apr 19, 2026 · 29 articles
International
Brent Crude: Brent Crude futures rose following the news of the Skipper (tanker) seizure, indicating market concerns about oil supply availability.
Dec 10, 2025 · 8 articles
International
Brent Crude: Brent Crude prices climbed, indicating a slight positive movement in the global oil benchmark despite market uncertainties.
Jan 08, 2026 · 7 articles
Domestic
Brent Crude: Brent Crude prices slightly decreased, but this did not prevent the rise in refined fuel prices.
Dec 04, 2025 · 9 articles
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