Russia can earn $2 billion from easing of oil sanctions

The United States believes that allowing Russia to sell oil and petroleum products would enable Moscow to earn no more than $2 billion in profit, Report informs.

US Treasury Secretary Scott Bessent stated in an interview with NBC News that their analysis shows Russia's maximum possible profit would be about $2 billion, which he described as equivalent to one day of Russia's budget.

Bessent added that these figures represent maximum estimates.

Other News

Türkiye, Iran FMs discuss Iran–US talks in phone call 14 April, 2026 / 21:33
Iran thanks Azerbaijanis for showing solidarity 14 April, 2026 / 21:28
Vahan Kostanyan to represent Armenia at ADF2026 in Antalya 14 April, 2026 / 17:50
Kılıçdaroğlu given 11 months in prison for insulting Erdoğan 14 April, 2026 / 14:41
Armed school attack in Türkiye injures 16, attacker dies - UPDATED 14 April, 2026 / 12:22
Iran to allocate part of oil revenues for reconstruction after attacks, minister says 14 April, 2026 / 11:21
Media: Iran prepared for US port blockade 14 April, 2026 / 09:55
Türkiye highlights need for women's active public role 14 April, 2026 / 09:49
Russian, Iranian FMs discuss regional situation, Iran-US talks via phone 14 April, 2026 / 04:11
Armenia FM to meet EU's Kallas in Belgium visit 13 April, 2026 / 22:01
2nd meeting of OTS working group on environment, ecology held 13 April, 2026 / 21:17
Iran declares maximum combat readiness amid blockade of Strait of Hormuz 13 April, 2026 / 20:09
Pashinyan: Baku-Yerevan peace to boost Armenia's economy 13 April, 2026 / 16:10
Hakan Fidan: Passage through Strait of Hormuz must be free and unhindered 13 April, 2026 / 14:02
Kochinyan: Armenia–Azerbaijan civil society meetings support peace process 13 April, 2026 / 13:27
Nearly 1,000 people rescued from rubble in Tehran, Red Crescent says 13 April, 2026 / 13:15
Iran executed at least 1,639 people in 2025, most since 1989: NGOs 13 April, 2026 / 10:41
Mohsen Rezaee: US is doomed to failure 13 April, 2026 / 10:31
Iranian parliament discusses new bill on Strait of Hormuz 13 April, 2026 / 10:25
Center: Türkiye doesn't pose invasion threat against Israel 13 April, 2026 / 10:17