Russia earned €6bn from fossil fuel exports since start of US-Israel war on Iran, data reveals

The Guardian · March 12, 2026 War
Russia earned €6bn from fossil fuel exports since start of US-Israel war on Iran, data reveals

Latest figures from thinktank show Russia received extra €672m in revenues from oil, gas and coal during March Russia has received €6bn (£5bn) from selling its fossil fuels in the fortnight since the start of the US-Israel war with Iran, new data suggests. The revenues imply the country took an extra €672m in oil, gas and coal sales during March, as combined average daily prices have surged by 14% from February. Continue reading...

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