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...
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...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...
