US EditionRussia Profits From Iran Crisis as Oil Prices Surge
17 Articles
17 Articles
Russia benefits greatly from the increased oil price and significantly increases its revenues. Ukraine suffers from lack of ammunition for air defense. "The support for Iran by Russia and China is relatively low," says Russia expert Gerhard Mangott.
DECRYPTAGE - Oil producers benefit from the boom in prices, while the barrel of oil oscillates between $90 and $100, compared to $60 before the conflict began in the Middle East. But few have the means to put more oil on the market.
Russia profits from Iran crisis as oil prices surge
Russia is earning nearly $588 million daily from fossil fuel exports in March—a 17 percent increase since February—as the Iran conflict disrupts Gulf oil supplies and drives prices higher, new analysis shows.
‘Big Winner of This Conflict’ – Russia Set for $3-5B Oil Windfall as Hormuz Crisis Lifts Prices
Disruption in the Strait of Hormuz has pushed oil prices higher, potentially delivering billions in extra revenues to Russia as demand for its crude surges in India and China.
Taking advantage of the moment, Vladimir Putin even spoke about resuming energy exports to Europe. The closure of the Strait of Hormuz and the surge in oil prices are generating up to $150 million in additional revenue for the Russian budget daily, according to RBC-Ukraine, citing a publication in The Financial Times. Read also: Russian oil back on sale: US allows exports until April. Thus, while the Middle East is engulfed in flames, the Kremli…
DeBriefed 13 March 2026: War and oil | Why gas drives electricity prices | Japan’s ‘vulnerability’ to Iran crisis
Welcome to Carbon Brief’s DeBriefed. An essential guide to the week’s key developments relating to climate change. HISTORIC: Leaders from 32 countries agreed to the “biggest emergency oil release in history” in response to the energy crisis sparked by the Iran war, reported Politico. The coordinated release of 400m barrels of oil by member nations of the International Energy Agency… Source
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