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Russia charged an export duty on oil products, in May 2023 Light Oil products was $4.2 per tonne (compared to $12.9 in December 2022), Naphtha duty was $7.9 and gasoline $4.3 per tonne. [19] From 1 January 2024 the export duty fell to zero as Russia changed the taxation system to add oil to the Mineral Extraction Tax regime.
The economic impact of the sanctions in the first quarter on Russian revenues are clearly shown in the total oil and gas revenue received by Russia in quarter 1 of 2023 was 1.6 trillion rubles ($19.61 billion), compared to an average of $42 billion per quarter in 2022 (down 41%) and $32 billion per quarter in 2021.
In October 1973, the Organization of Arab Petroleum Exporting Countries (OAPEC) announced that it was implementing a total oil embargo against the countries who had supported Israel at any point during the 1973 Yom Kippur War, which began after Egypt and Syria launched a large-scale surprise attack in an ultimately unsuccessful attempt to recover the territories that they had lost to Israel ...
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Website. ray-ban .com. Ray-Ban is a brand of luxury sunglasses and eyeglasses created in 1936 by Bausch & Lomb. The brand is best known for its Wayfarer and Aviator lines of sunglasses. In 1999, Bausch & Lomb sold the brand to Italian eyewear conglomerate Luxottica Group for a reported $640 million. [ 1][ 2]
The Oil Pollution Act of 1990 (OPA) (101 H.R.1465, P.L. 101–380) [ 1] was passed by the 101st United States Congress and signed by President George H. W. Bush. [ 2] It works to avoid oil spills from vessels and facilities by enforcing removal of spilled oil and assigning liability for the cost of cleanup and damage; requires specific ...