How much is Russia already earning from the war in the Persian Gulf? 0

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How much is Russia already earning from the war in the Persian Gulf?
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The U.S. temporarily allowed the purchase of Russian oil.

Due to the war surrounding Iran, global oil prices have surged sharply - and Russia is already receiving about $150 million in additional income every day, reports Polish Radio. According to analysts' estimates, by the end of March this amount could reach nearly $5 billion.

Meanwhile, the President of the European Council, Antonio Costa, criticized the U.S. decision to temporarily ease sanctions on the purchase of Russian oil. According to him, such a decision could affect Europe's security.

Costa noted that economic pressure directly influences Russia's willingness to engage in negotiations for a just peace. And additional oil revenues could be used to continue the war against Ukraine.

What happened:

  • The U.S. temporarily allowed the purchase of Russian oil
  • The decision is related to rising prices due to the conflict surrounding Iran
  • The exemption applies only to oil loaded before March 12
  • Purchases will be allowed for 30 days
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