Russia's crude oil exports reached 3.6 million barrels per day in the four weeks ending March 22, fueling a four-year peak in government revenues and reinforcing its ability to finance ongoing military operations. The surge supports higher crude prices amid growing geopolitical tensions.
- Russia exported 3.6 million barrels of crude per day in the four weeks to March 22.
- This represents the highest export volume in four years.
- Revenue inflows to the Kremlin have reached a four-year high.
- The surge supports continued war funding and military operations.
- Higher Russian supply has contributed to upward pressure on crude prices.
- WTI (CL=F) and market volatility (VIX) reflect ongoing geopolitical risk
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