Oil prices have spiked, but a Ukraine bombing campaign has reduced exports. So will the Kremlin earn more money or less?

Oil price spike: How does the Kremlin tax its oil industry?

FSUOGM - Former Soviet Union Oil & Gas
By Ben Aris in Berlin 9 April 2026
Oil prices have spiked and that should produce a huge windfall for the Kremlin which has been desperately short of cash to fund its war machine in Ukraine since the start of this year.

Speculation grows about US shale drillers ramping up activity

NorthAmOil - North America Oil & Gas
By bne IntelliNews 9 April 2026
Speculation has been growing over the likelihood of US shale producers stepping up drilling.
The Donald has unravelled the entire global energy market and the US isn't the winner.

Did America just hand the Gulf to Russia?

FSUOGM - Former Soviet Union Oil & Gas
MEOG - Middle East Oil & Gas
By IntelliNews Gulf bureau 9 April 2026
The Iran war has turned Russia from a sanctioned energy pariah into an indispensable supplier for half the planet. With Urals crude at 13-year highs and sanctioned LNG going at 40% discounts, Moscow may be the war's real winner.
Delcy Rodríguez has moved swiftly to court foreign investors and overhaul the country's legal framework and military leadership since Nicolás Maduro's ouster in January, but questions over her democratic intentions persist.

Venezuela opens for business, investors weigh promise against reality

LatAmOil - Latin America Oil & Gas
By Newsbase 9 April 2026
The months since Nicolás Maduro's capture have brought Venezuela closer to the global economy than at any point in a generation.
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