Russian budget revenues could almost double in March due to the war in #Iran, - Reuters. By the end of March, Russia's budget revenue from the mineral extraction tax could almost double, according to Reuters calculations. The tax will generate ap...
...proximately 590 billion rubles if current oil prices remain unchanged—almost double the 300 billion in February and 314 billion in January. The mineral extraction tax is the largest tax in #Russia, the agency notes. Oil prices rose due to the war in the Middle East: Brent futures rose above $119 per barrel, then fell below $100, but are trading above that level again due to Iran's attacks on oil and transport facilities. After the start of the war, the tax price of #Russian oil significant...
...proximately 590 billion rubles if current oil prices remain unchanged—almost double the 300 billion in February and 314 billion in January. The mineral extraction tax is the largest tax in #Russia, the agency notes. Oil prices rose due to the war in the Middle East: Brent futures rose above $119 per barrel, then fell below $100, but are trading above that level again due to Iran's attacks on oil and transport facilities. After the start of the war, the tax price of #Russian oil significant...