How Trump’s bid to cut oil prices will fill Russia’s war chest with billions

Russia is set to earn up to two-thirds more month from its oil and gas revenue than it did in February, experts say, potentially wiping out months of losses in a matter of weeks. Stuti Mishra reports


play_arrow All United Kingdom News
19 h.
Economics
ID: -8789803241981524043


Similar News expand_more


23 h. Furious Europe says Trump is 'filling Putin's war chest' by lifting oil sanctions on Russia
Economics
9 d. Putin's gas wars threat to Britain and EU: Smirking Putin considers cutting last remaining Russian supplies to the continent as energy prices soar amid turmoil in Middle East
Economics
45 h. 'We'll make a lot of money,' says Trump as oil price jumps leaving millions facing higher energy, petrol and food bills
Economics
27 h. Oil prices teeter above 100 dollars as US temporarily loosens Russian sanctions
Economics
5 d. £200billion wiped off value of Britain's leading companies as oil surges above $100 a barrel
Economics
33 h. Newsom trolls Trump as Putin’s pup after US lifts sanctions on Russian oil during Iran war
Politics
2 w. US moves to cut off a Swiss bank over alleged Iran and Russia money flows
Economics
2 w. Ukraine war briefing: Russia exporting more oil now than before war despite sanctions – report
Economics
5 d. Iran's Foreign Minister reveals Russia is helping them in war against the US
Politics
2 w. Putin's shadow fleet cruise through British waters: How tankers loaded with Russian oil are openly defying Western sanctions in English Channel
Travel
2 w. Russia blames Britain for assassination bid against one of Putin's most senior military spy chiefs
Crime
8 d. The country that will benefit the most from Trump’s war on Iran? Russia
Economics
1 w. Trump weighs military support for oil tankers in Strait of Hormuz as Iran war drives price surge
Economics
4 d. EU buying Russian oil would be ‘utterly despicable’ – Ireland’s deputy premier
Economics
46 h. Russia earned €6bn from fossil fuel exports since start of Iran war, data suggests
Economics
7 d. US considers lifting more sanctions on Russian oil as Iran conflict sees global prices surge
Economics
8 d. Global oil prices rocket after huge petrol refinery blown up in Iranian missile strike
Economics
7 d. Oil surges to highest price since 2023 and stocks drop as Iran war rages
Economics
1 M. Oil exports have been a cash cow for Russia. But revenues are dwindling, thanks to sanctions
Economics
1 w. 'Trump's war with Iran is great news for Russia', claims Putin mouthpiece
Politics
1 M. Russia Overtakes United States, Italy, France, China, United Kingdom, India, And More Countries In Redefining Tourism As An Explosive Growth Surge Paves The Way For A New Global Travel Era
Travel
1 w. Trump says US Navy will escort tankers through Strait of Hormuz 'if necessary' as conflict in Middle East sends oil and gas prices skyrocketing
Economics
1 w. European gas prices rocket 40%, oil surges and FTSE 100 slides as Iran conflict erupts
Economics
30 h. US temporarily lifts sanctions on Russian oil at sea as Iran war sees global prices surge
Economics
14 h. Putin ‘offered to move Iran’s uranium to Russia’ to end war against Tehran. Trump rejected it
Economics
7 d. A boost for Moscow in the shadow of Iran war: US allows India to buy Russian oil for a month
Economics
9 d. Putin accuses Ukraine of attacking gas tanker that exploded and sank off Libya
Crime
3 w. Hungary says it will block a key EU loan to Ukraine until Russian oil shipments resume
Economics
4 d. Oil prices drop sharply after Trump moves to reassure markets over Iran war
Economics
23 h. UK calls for allies to keep pressure on Russia after US eases oil sanctions
Economics
1 w. Iran's war on oil supplies sparks queues for petrol across West amid warnings of $200 a barrel as Tehran seals Strait of Hormuz
Economics
2 w. Russia can keep fighting Ukraine war throughout 2026, says military thinktank
Sport
1 M. Russia accuses Ukraine of assassination attempt on top military official in Moscow
Sport
4 d. How the Iran war and surging oil prices are affecting consumers at the gas pump and beyond
Economics
1 M. Russia plays prideful, but there’s no doubt the Olympics ban is hurting | Bruce Berglund
Sport
3 w. US citizen jailed in Russia after trying to take Kalashnikov rifles out of Moscow airport
Crime
4 d. Trump's Iran war spills beyond Middle East with missile fired at Turkey as world economies rocked by oil shock
Economics
1 w. Oil price expected to surge after Iran strikes and strait of Hormuz closure
Economics
2 w. Ukraine war in numbers: The bleak toll of Putin’s invasion after four devastating years
Sport
1 M. Is this the moment Europe pulls away from Trump to see off Russia’s war against Ukraine?
Sport
2 w. Seized Russian oil tanker linked to Venezuela set to leave Scottish shores
Economics
1 M. Top Russian general reportedly behind Salisbury poisonings shot in assassination bid in Moscow
Crime
22 h. 'Hijacking Global Economy': UK Accuses Russia, Iran Of Trying To Destabilise Energy Market
Economics
2 w. Ukraine front line mapped: The 745 miles at the heart of the war with Russia
Sport
1 w. Oil prices jump as Iran war threatens shipping through strait of Hormuz
Economics
5 d. Now Saudi cuts oil production as Brits 'face highest EVER petrol pump prices'... but Trump says spiralling energy bills are 'small price to pay' for taming Iran
Economics
55 h. Iran's unrelenting attacks on Mideast shipping and energy infrastructure send oil prices soaring
Economics
1 M. Oil giant tells Trump it’s ‘too expensive’ to reinvest in Venezuela despite president’s urging
Economics
3 w. UK Brings Carrier, Jets And Warships To Arctic Front As Russia Tests NATO Waters
Military
Popular countries based on strong economic and political relations
Add Watch Country

arrow_drop_down