Seaborne crude generated $2.75 billion in a week as higher prices and shipments lifted revenues, the outlet has said

Russia’s earnings from seaborne crude exports have surged to their highest weekly level since the escalation of the Ukraine conflict in 2022, Bloomberg has reported. Rising oil prices and stronger shipment volumes have boosted Moscow’s revenues despite Western sanctions.

The gross value of Russian crude exports reached $2.75 billion in the week through September 27, the outlet reported on Tuesday. On a four-week basis, shipments averaged 3.71 million barrels per day, their highest since early August, while their value climbed to…

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