Russia’s oil tax revenue in March dropped by nearly half compared to a year earlier, highlighting the Kremlin’s financial strain just before the Middle East war delivered an unexpected boost to Moscow’s earnings.
Russia’s oil tax revenue in March dropped by nearly half compared to a year earlier, highlighting the Kremlin’s financial strain just before the Middle East war delivered an unexpected boost to Moscow’s earnings.
The Panamanian-flagged Tiger Wings, carrying crude oil from Russia, moored off the Petron oil refinery in Limay, Bataan province, Philippines, on April 1, 2026.