Russian oil falls to $42 a barrel — the same price as before the Middle East war
Meduza · 6 Jul 2026

Russian oil falls to $42 a barrel — the same price as before the Middle East war

Russian Urals crude has fallen back to pre-Middle East war levels, Bloomberg reported. In the first three days of July, Urals averaged $41.66 a barrel at Russia’s western ports. Since March, the monthly average price of Urals had topped the $59-per-barrel figure built into Russia’s federal budget. I


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