कच्चा तेल बेचकर मालामाल हुआ रूस! ईरान में ट्रंप की जंग ने पुतिन के लिए खोल दी ‘तिजोरी’ – iran israel america war boosts russia crude oil gas revenue hormuz strait closure impact wdrk
Due to the ongoing war between America and Israel in Iran, oil prices have skyrocketed. Due to the closure of the Strait of Hormuz, oil supply from Middle East countries is being disrupted. In such a situation, oil prices have increased and the economies of the countries of the world are being affected. But meanwhile, the one country which is benefiting the most is Russia.
Because of the ongoing war in the Middle East Russia Can earn double from tax on crude oil in March. Russia is going to earn a huge amount of 7.43 billion dollars this month by imposing tax on oil production.
Russia is the target of many western countries including America regarding the war with Ukraine. Due to this war, Russian oil and its oil companies are going through many types of restrictions. Due to these sanctions, Russia’s income from oil had reduced significantly but iran It was as if the war had opened a vault of opportunities for Russia.
Due to the closure of the Strait of Hormuz, many countries in the Middle East Oil Unable to sell. Taking full advantage of this opportunity, Russia is supplying oil to countries like India and keeping in view the demand, oil production has been increased significantly.
Russia increased oil production, earning huge profits
News agency Reuters, in its report on Thursday, based on calculations, said that this month Russia is earning huge income by imposing tax on crude oil production. Russia imposes ‘Mineral Extraction Tax’ on crude oil production which may double this month.
Global crude oil benchmark Brent crude rose to above $ 119 per barrel in one session on Monday, the highest level since June 2022. Saudi Arabia and other oil producing countries have reduced oil production due to supply disruptions, which has helped increase oil prices.
Russia, which is the world’s second largest oil exporter, is taking full advantage of this surge in crude oil prices. About one-quarter of Russia’s government budget income comes from oil and natural gas.
According to Reuters calculations, if oil prices remain around current levels, Russia could earn about 590 billion rubles (about $7.43 billion) this month from taxes on oil production. It is estimated that Russia had earned 300 billion rubles last month and 314 billion rubles in January. The value of one dollar is approximately equal to 79.3955 rubles.
Crude oil prices are skyrocketing
Oil prices once again saw a rise on Thursday as Iran middle east Intensified attacks on oil and its shipping facilities. Due to this, the possibility of a prolonged war and further interruption of oil supply through the Strait of Hormuz has increased.
On Thursday, the futures price of Brent crude increased by $ 6.41 (about 7%) to reach $ 98.45 per barrel, whereas during earlier trading it had gone up to $ 100 per barrel. Whereas US West Texas Intermediate (WTI) crude oil was trading at $ 93.23 per barrel, up by $ 5.98 (about 6.85%).
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