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The Nexus
BUSINESSMay 5 · 13:36 UTCBLOOMBERGJulian Lee

Russia Boosts Oil Exports as Value Spikes to Ukraine-War High

Russia increased its oil exports to 3.66 million barrels per day, boosting the Kremlin's revenue amid the Ukraine war. This increase in oil exports has led to a significant spike in value, reaching a high not seen since the start of the conflict. The boosted exports are expected to contribute substantially to Russia's war chest.

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