Uploaded May 2026 | Updated September 2026, 2 weeks ago

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How much is Russia making from the increased price of oil? Alexander Gabuev explains that every $10 increase in the price of oil per barrel gives the Russian state roughly $100 million a month. In April, Russia earned $9 billion from oil sales, double what it earned in the previous month.

Learn more: foreignpolicy.com/2026/05/11/iran-war-russia-putin-trump-ukraine-oil