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geopoliticsbullishWTIPublished Jul 31, 2026, 2:00 PM

Russia Gains Oil Windfall from Middle East Conflict

Russia Gains Oil Windfall from Middle East Conflict
Elevated oil prices from the Iran war have boosted Russia's crude export revenues, prompting the Finance Ministry to buy foreign currency for the first time since the Ukraine war to stabilize the budget and prevent rouble overstrengthening.

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