What caused Russia's oil and fuel export revenues to rebound in March, according to the IEA?

According to the IEA, Russia's oil and fuel export revenues rebounded in March — nearly doubling to $19 billion from $9.75 billion in February — primarily because global oil prices surged due to the Iran war.

Why did Russia's crude oil exports increase in March, and what infrastructure issue affected its pipeline flows?

Russia's crude oil exports rose by 270,000 barrels per day in March to 4.6 million bpd, mostly driven by higher seaborne shipments, as flows via the Druzhba pipeline to Hungary and Slovakia remained offline following attacks on its infrastructure at the end of January.

Russia's oil and fuel export revenues rebound in March, IEA says

Apr 14, 2026

The IEA reported Russia's oil and fuel export revenues nearly doubled to $19 billion in March due to price surges, with crude exports rising to 4.6 million barrels per day despite infrastructure damage constraining future production.

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