Tension in the Middle East, Russian oil revenue increases by $150 million per day.

After the escalation of the Middle East conflict, Russia's daily additional oil revenue could reach as high as $150 million.

According to calculations by the UK's Financial Times: After the actual blockade of the Strait of Hormuz, India and China's demand for Russian oil has significantly increased.

- Russia has already gained an additional $1.3–1.9 billion in oil export taxes

- By the end of March, this total could reach $3.3–4.9 billion

- Key variable: Urals crude oil price; if the average price in March remains at $70–80 per barrel (it was $52 in January–February), Russia could earn an additional $150 million per day

Original article: toutiao.com/article/1859498730625036/

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