Norway's Oil Export Earnings Surge 68% Amid Iran War
Norway sells its North Sea oil to the UK at double the price.
Norway's crude oil export earnings surged 67.9% year-on-year in March to a record 57.4 billion kroner ($6.1 billion), primarily driven by soaring global energy prices following the outbreak of the Iran war and the subsequent closure of the Strait of Hormuz.
Oil prices averaged 1,014 kroner ($107.52) per barrel in March, the highest monthly average since …
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