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Russia’s Multi-Billion Payouts to Refiners Dent State Revenues

Russia’s payouts to refiners in May were near the highest in more than two years, denting the nation’s oil and gas revenues even as the war in Iran helped to boost crude prices.

This article was originally published by Bloomberg Markets and is republished here under license.

Russia’s payouts to refiners in May were near the highest in more than two years, denting the nation’s oil and gas revenues even as the war in Iran helped to boost crude prices.

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