Russia's oil and gas revenue seen up 39% y/y in May thanks to Iran war

Russia's oil and gas revenue seen up 39% y/y in May thanks to Iran war General view of Orsknefteorgsintez oil refinery in the city of Orsk, Orenburg region, Russia August 28, 2025. REUTERS/Stringer · Reuters Reuters Wed, May 20, 2026 at 1:0
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