How transaction is matched with read and write operations in BLOB storage (azure)?

In Azure Monitor, for particular blob in storage account we have the following metrics: - ingress (GiB) - engress (GiB) - transactions (count) It looks like: I have a database which data and log files are using Azure Blob as storage and want to calculate the price of such scenario per month. Using the pricing calculator we have cost per storage (let's say 100 GB) and dynamic cost per the following operations: My questions is one transaction in the Azure Monitor chart the same as one read/write operation?