Event Brief
Russian oil price hits highest since 2023, boosting Kremlin windfall
Filed: May 14, 2026 at 10:04 AM ET
Summary: Russia’s Urals oil export blend reached its highest level since October 2023 for tax purposes, boosting Kremlin revenue.
WHO: Russia
WHAT: Urals oil export blend price reached highest since October 2023 for tax purposes
WHEN: May 14, 2026 at 9:28 AM ET
WHERE: Russia
WHY: The Iran war is cited as boosting Russia’s oil price and revenue.
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.
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