Russian Seaborne Crude Exports Rise, Boosting Kremlin Oil Revenue by 25 Percent

Russian Seaborne Crude Exports Rise, Boosting Kremlin Oil Revenue by 25 Percent
An employee holds a sample of crude oil at the Yarakta oilfield, owned by Irkutsk Oil Co., in the Irkutsk region of Russia on March 11, 2019. Vasily Fedosenko/Reuters
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Russia’s seaborne crude exports rose in the week of April 16–22, potentially serving to further bolster President Vladimir Putin’s invasion of Ukraine.

Forty tankers loaded about 28 million barrels of oil from Russian export terminals in that week, according to vessel-tracking data and port agent reports collected and analyzed by Bloomberg.
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