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CORRECTED: Russia's oil export revenue surged to $19 bn in March during Mideast war: IEA
Paris, France, April 14 (AFP) Apr 14, 2026
Russia nearly doubled its earnings from oil exports in March as Moscow was granted sanctions relief in a bid to offset soaring energy prices during the war in the Middle East, the International Energy Agency said Tuesday.

The country earned $19 billion last month as crude and oil product exports rose to 7.1 million barrels per day (mb/d), an increase of 320 thousand barrels a day from February levels.

The United States eased some restrictions on sales of Russian crude imposed over its war against Ukraine, allowing countries to purchase oil that was already at sea until April 11.


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