Russia's federal budget oil and gas revenues fell 43% in March 2026 year-over-year due to tax calculations based on February's lower Urals price of $44.6 per barrel, despite March prices reaching $77.
Two agricultural workers were killed by a Ukrainian drone strike while working on a tractor in a field near Kokhanoye village in Zaporizhzhia region. A third worker was injured.
Eight OPEC+ countries raised oil production quotas by 206,000 barrels per day for May, with Russia's quota increasing by 62,000 b/d. Hormuz Strait difficulties prevent immediate supply increases.
JPMorgan: Crypto Market Structure Act likely to pass mid-year
JPMorgan predicts the Crypto Market Structure Act will likely pass by mid-2026, potentially transforming the crypto market and attracting institutional investors.