Brent Crude & Russia
165 shared events · Importance 14 · Last updated Aug 24, 2026
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International
Brent Crude: Brent crude has surged to three-week highs above $92 per barrel due to supply disruptions from the Strait of Hormuz closure, benefiting oil producers but raising inflation concerns.
Russia: Refining sector battered by Ukrainian drone attacks, leading to diesel export ban and domestic fuel shortages.
Mar 08, 2026 · 27 articles
Business
Brent Crude: Brent Crude prices fell to ~$72/barrel, near pre-war levels, reflecting easing supply fears.
Russia: Russia, a core OPEC+ member, benefits from higher quotas and record crude exports from western ports.
Mar 09, 2018 · 108 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 has risen to three-week highs above $91, reflecting supply fears. Higher oil prices are a key market impact.
Russia: Refining sector battered by Ukrainian drone attacks, leading to diesel export ban and domestic fuel shortages.
Jul 31, 2026 · 335 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
Business
Brent Crude: Brent is the benchmark for ESPO pricing, with ESPO trading at a discount. The Iran war and supply shifts influence Brent prices, affecting global oil markets.
Russia: Russia benefits from increased Sinopec purchases, boosting its oil export volumes and revenue despite sanctions. The demand for ESPO provides a stable outlet for Russian crude.
Aug 06, 2026 · 7 articles
International
Brent Crude: Brent Crude prices extended gains due to uncertainty surrounding Middle East peace talks and regional instability.
Russia: Russia experienced a drone attack on an oil terminal in United States — St. Petersburg, Florida by Ukraine, causing a fire. This attack occurred just before an international economic forum, causing embarrassment for President Vladimir Putin.
Jun 03, 2026 · 97 articles
International
Brent Crude: Brent crude futures slipped 0.47% to $88.56 a barrel, reflecting market focus on weaker demand forecasts and ample US inventories, while geopolitical risks provide some support.
Russia: Russia's Russia — Novorossiysk port was hit by a large drone attack, but oil infrastructure was reportedly spared, limiting direct impact on oil supply.
Aug 12, 2026 · 14 articles
International
Brent Crude: Higher Brent crude prices increase production and transportation costs for agriculture, contributing to food price inflation.
Russia: Russia's oil and gas infrastructure damage reduces exports of diesel and natural gas, contributing to global input cost increases.
Mar 09, 2018 · 50 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 surged due to escalating tensions in West Asia and the conflict between Israel and Iran, impacting global energy markets.
Russia: Russia has been targeted by Ukrainian long-range strikes on its energy and military infrastructure, challenging President Vladimir Putin's claims of winning the war.
May 18, 2026 · 316 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
unfocused
Brent Crude: Brent Crude prices have eased, falling more than 4% on some days, which has relieved some inflation worries and impacted oil-and-gas company stocks.
Russia: Russia has faced strikes on its energy sites from Ukraine and has accused Ukraine of attacking the Zaporizhzhia nuclear plant, indicating an escalation in the conflict.
May 19, 2026 · 199 articles
International
Brent Crude: Brent crude prices rose to $86.19, a one-month high, driven by supply disruption fears from the Strait of Hormuz closure.
Russia: Russian crude output fell to 2.5-year low due to Ukrainian drone attacks on refineries, but exports rose, adding to global supply.
Apr 20, 2026 · 304 articles
International
Brent Crude: Brent crude prices have surged above $100 per barrel due to supply disruption fears, benefiting oil producers but hurting consumers.
Russia: Russia has been warned by Trump and is accused of supporting Iran, affecting its relations with the US.
Mar 09, 2018 · 488 articles
International
Brent Crude: Brent Crude prices surged to over $100 and remain volatile, reflecting supply disruptions and geopolitical risk.
Russia: Russia is a major oil producer that may benefit from higher prices, but its exports are also affected by the conflict and sanctions.
Apr 08, 2026 · 416 articles
International
Brent Crude: Rallied to $94.39, up 6.39% on the week, driven by supply disruption fears.
Russia: Its oil refinery was hit by Ukraine, potentially affecting its refining capacity.
Aug 21, 2026 · 6 articles
Business
Brent Crude: Brent Crude is the subject of Goldman's price forecast; its price could exceed $120 if Hormuz disruptions persist, but base case sees $80 in Q4.
Russia: Russia is mentioned as a source of geopolitical shocks; Ukrainian strikes on its refineries tighten diesel markets.
Jul 21, 2026 · 6 articles
International
Brent Crude: Brent Crude prices are projected to surge significantly, averaging $86 a barrel in 2026, due to supply shocks from the Middle East conflict, with potential to reach $115 a barrel in a severe scenario.
Russia: Russia's invasion of Ukraine in 2022 is referenced as a benchmark for the current high energy price levels, indicating a previous significant market disruption.
May 29, 2026 · 25 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
Business
Brent Crude: Brent Crude benchmark has erased the spike from the Iran war, but fuel prices remain elevated, creating a divergence.
Russia: Russia banned diesel exports after Ukrainian attacks on its refineries, contributing to global fuel supply tightness and higher prices.
Jul 11, 2026 · 6 articles
International
Brent Crude: Brent crude futures fell over 5% on de-escalation hopes after surging more than 20% last month. The price is highly volatile due to the conflict and supply disruptions.
Russia: Russia's oil exports are disrupted due to the Ukraine war, contributing to supply constraints and limiting OPEC+ quota increases' impact.
Aug 02, 2026 · 34 articles
Regulatory
Brent Crude: Brent crude prices rose to $84.73 per barrel amid renewed US-Iran tensions and blockade of Strait of Hormuz, influencing the tax revision.
Russia: Lower diesel exports from Russia have tightened global fuel markets, adding to price pressures.
Jun 30, 2026 · 25 articles
International
Brent Crude: Oil benchmark that surged above $100 per barrel due to supply disruption fears from the Red Sea and Hormuz.
Russia: Allegedly assisting Iran with targeting information or drone technology, according to US intelligence sources.
Jul 22, 2026 · 334 articles
International
Brent Crude: Brent prices rose on supply concerns, trading around $87 per barrel, with weekly gains of about 4%.
Russia: Russia benefits from increased Indian demand for its crude, but is not directly involved in the crisis.
Jul 15, 2026 · 127 articles
International
Brent Crude: Brent Crude prices have risen significantly due to the disruption of oil shipments caused by the Strait of Hormuz standoff.
Russia: Russia is a longstanding ally of Iran, with President Vladimir Putin offering words of support to Abbas Araghchi during his visit.
Apr 26, 2026 · 590 articles
International
Brent Crude: Brent Crude prices rose due to the ongoing supply crunch caused by the virtual standstill of flows through the Strait of Hormuz.
Russia: Iran's Foreign Minister Abbas Araghchi visited Russia to strengthen the partnership between the two nations.
May 24, 2026 · 104 articles
International
Brent Crude: Brent Crude prices dropped following reports of a potential deal, reflecting market expectations of improved oil supply through the Strait of Hormuz.
Russia: Russia is mentioned as a potential acceptable third party to take possession of Iran's enriched uranium, due to its close relations with Tehran.
May 27, 2026 · 101 articles
International
Brent Crude: Brent Crude prices have surged above $94 per barrel due to supply disruptions, benefiting oil producers but hurting consumers.
Russia: Russia was among countries India increased oil purchases from during the crisis.
Apr 20, 2026 · 709 articles
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