Petroleum & Russia
84 shared events · Importance 6 · Last updated Jul 06, 2026
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International
Petroleum: The average price of Petroleum, used for Russia's taxation, jumped to $77 per barrel in March, significantly boosting Russia's oil tax revenue.
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
Petroleum: Petroleum imports from Russia by India are the central point of contention in the diplomatic dispute between India and the United States.
Russia: Russia is the source of crude oil that India continues to import, leading to international pressure and trade disputes with the United States.
Oct 22, 2025 · 6 articles
International
Petroleum: The price of Petroleum>>> has surged due to the conflict and the closure of the Strait of Hormuz>>>, directly impacting global energy markets and corporate costs.
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
Petroleum: The price of crude oil has been significantly impacted by the conflict and the closure of the Strait of Hormuz. The peace agreement and the anticipated reopening of the strait are expected to lead to a sustained fall in energy prices, easing inflationary pressures globally.
Russia: Donald Trump thanked Russia for being 'neutral' during the conflict, indicating a supportive stance towards the peace efforts.
Jun 12, 2026 · 429 articles
International
Petroleum: Petroleum prices plunged following the ceasefire agreement and the temporary reopening of the Strait of Hormuz, after weeks of price increases due to the Middle East war.
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
Petroleum: Petroleum prices have been significantly impacted by the conflict and the closure of the Strait of Hormuz. The interim deal's provisions for reopening the strait and allowing Iran to sell its oil freely are expected to increase global supply and lower prices, providing relief to consumers.
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
Petroleum: Petroleum prices have been highly volatile due to the conflict and the closure of the Strait of Hormuz. The interim deal and the reopening of the Strait are expected to lead to a significant increase in oil supply, potentially causing a 'mini glut' in the short term and stabilizing prices, which is beneficial for importing nations like India.
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
Petroleum: The price of Petroleum>>> has spiked due to Iran>>>'s chokehold on the Strait of Hormuz>>> and the United States>>>'s blockade on Iranian ports.
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
Petroleum: Oil prices, specifically Brent crude, have soared due to the tensions and blockades in the Strait of Hormuz, directly affecting global energy markets and consumers.
Russia: Russia is involved in ongoing conflict with Ukraine, an unrelated international geopolitical event.
Apr 19, 2026 · 29 articles
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