Russia & West Texas Intermediate
41 shared events · Importance 15 · Last updated May 09, 2026
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International
Russia: Russia is mentioned as a major oil producer alongside Saudi Arabia, accused of dictating and manipulating OPEC+ decisions to advance its own interests, which contributed to the United Arab Emirates' dissatisfaction with the cartel.
West Texas Intermediate: West Texas Intermediate crude prices have seen volatility due to the Iran war and supply constraints, with the United Arab Emirates' departure from OPEC potentially influencing future price dynamics.
Apr 28, 2026 · 222 articles
International
Russia: Russia, a key backer of Iran, hosted Iran's foreign minister for discussions on the war, though its specific assistance in the current negotiations remains unclear.
West Texas Intermediate: West Texas Intermediate crude prices have surged due to the closure of the Strait of Hormuz, reflecting the global energy crisis.
Apr 27, 2026 · 80 articles
International
Russia: Russia is involved in diplomatic efforts, with its top diplomat meeting Chinese President Xi Jinping and speaking to his Iranian counterpart, and has offered to hold Iran's enriched uranium.
West Texas Intermediate: US West Texas Intermediate for May fell due to expectations that US-Iran peace talks would resume, indicating a positive market reaction to potential de-escalation.
Apr 08, 2026 · 702 articles
International
Russia: Russia, as an energy exporter, stands to benefit from higher oil prices caused by the conflict, leading the IMF to upgrade its economic forecast for the country.
West Texas Intermediate: West Texas Intermediate crude oil prices have increased following the United States' decision to blockade Iranian ports, indicating market anxiety over potential supply shortages.
Apr 08, 2026 · 307 articles
International
Russia: Germany's previous reliance on cheap Russian gas contributed to its current energy crisis, which is now exacerbated by the latest conflict.
West Texas Intermediate: West Texas Intermediate futures have also risen, mirroring the impact of the Iran conflict on global oil supply and contributing to overall market volatility.
Apr 30, 2026 · 52 articles
International
Russia: The G7 finance ministers pledged to keep up pressure on Russia, though its war on Ukraine was more muted in discussions compared to the Middle East conflict.
West Texas Intermediate: West Texas Intermediate crude was down, reflecting market uncertainty and volatility, even as refiners sought alternative crude supplies, pushing premiums for WTI Midland.
Apr 02, 2026 · 45 articles
International
Russia: Russia, as an ally of Iran, vetoed a prior International — United Nations Security Council resolution calling for the reopening of the Strait of Hormuz.
West Texas Intermediate: West Texas Intermediate crude futures rose due to renewed fighting and tensions in the Strait of Hormuz, reflecting market concerns over oil supply disruptions.
May 04, 2026 · 139 articles
International
Russia: Russia's Foreign Minister Sergey Lavrov spoke with Iranian Foreign Minister Abbas Araghchi, indicating Russia's involvement in diplomatic exchanges concerning the conflict.
West Texas Intermediate: West Texas Intermediate futures climbed due to supply anxieties, with prices potentially reaching well above pre-war levels.
Mar 29, 2026 · 65 articles
International
Russia: Donald Trump has previously used two-week deadlines in negotiations to end Russia's war with Ukraine, a pattern of behavior noted in the current Iran ceasefire.
West Texas Intermediate: West Texas Intermediate crude prices sank significantly due to the ceasefire and the expected reopening of the Strait of Hormuz.
Apr 07, 2026 · 79 articles
International
Russia: Russia's support is needed for a UN Security Council resolution that could impose sanctions or military action if Iran does not ease its chokehold on the Strait of Hormuz.
West Texas Intermediate: West Texas Intermediate oil prices extended losses and dipped below $100 a barrel, indicating a positive market reaction to the de-escalation efforts.
May 06, 2026 · 31 articles
International
Russia: Russia's war in Ukraine is noted for its negative impact on the global economy, separate from the main event.
West Texas Intermediate: West Texas Intermediate crude prices have been highly volatile due to the conflict and the Strait of Hormuz blockade, reflecting market uncertainty and supply disruptions.
Apr 11, 2026 · 283 articles
International
West Texas Intermediate: West Texas Intermediate crude futures gained following the news of the Skipper (tanker) seizure, reflecting market concerns about oil supply.
Dec 10, 2025 · 8 articles
International
West Texas Intermediate: West Texas Intermediate crude futures also rose significantly after the blockade announcement, reflecting similar market reactions to potential supply disruptions.
Dec 16, 2025 · 33 articles
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