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Moscow Ramps Up Oil Exports as Iran War Drives Prices Sky-High

Source: bloomberg.com

Russia increases oil exports to take advantage of surging global prices caused by the Iran war.
Moscow ships more than 8 million barrels per day to key buyers like China and India.
This move helps Russia earn extra revenue despite Western sanctions.

Russia is boosting its oil exports right now because the war with Iran has spiked global oil prices to record levels. Moscow sees a chance to cash in by flooding markets with more crude from its fields. This shift affects energy supplies worldwide and tests how sanctions hold up under pressure.