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Euronews
Euronews
Tamsin Paternoster

Russia pocketing billions from two weeks of war in Iran, data shows

Russia's oil earnings have increased since the start of the war in Iran, data shows, as the ongoing conflict has halted oil shipments through the Strait of Hormuz and raised global energy prices.

Data from the Centre for Research on Energy and Clean Air (CREA) shows that Russia has already increased its profits from oil and fossil fuels in general, two weeks into the conflict, which has spilt over into other countries in the Middle East.

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