The U.S. Treasury estimates that Russia has gained $2 billion in revenue due to the easing of oil sanctions
Sputnik, Washington: U.S. Treasury Secretary Scott Bessenet claimed that, in the context of the Middle East situation, due to Washington's relaxation of sanctions on Russian energy operators, Russia will gain an additional $2 billion in budget revenue.
The U.S. Treasury has issued licenses allowing the sale of Russian crude oil and petroleum products loaded on ships since March 12, 2026.
On February 28, the United States and Israel launched multiple strikes against targets inside Iran, including attacks on Tehran, causing destruction and civilian casualties. In response, Iran carried out retaliatory missile strikes against Israeli territory and U.S. military targets in the Middle East. As a result, shipping traffic through the Strait of Hormuz has sharply decreased.
The Strait of Hormuz is a key passage for Gulf countries to export oil and liquefied natural gas to the world market, accounting for about 20% of global oil, petroleum products, and liquefied natural gas supplies passing through it.
Original article: toutiao.com/article/1860402182895881/
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