Russia's revenues from exports of crude oil and petroleum products in October reached the highest level since May, as the war with Iran contributed to the rise in oil prices, according to Bloomberg data from the International Energy Agency.
The report states that last month Russian oil producers received almost 21.2 billion dollars from exports, an increase of about 65% compared to a year earlier.
Crude oil accounted for more than 80% of all production and exports of petroleum products in the country came under pressure due to Ukrainian attacks on refineries.
The prices of the main crude oil of Ural and Aspo reached 100 dollars per barrel last month due to the war with Iran and the siege of Hormuz. The war also supports the demand for Russian oil, which does not have to pass through the Strait of Hormuz to reach China and India.