Skip to content

Over $100mn per day: How global oil shock has turned into a jackpot for Iran and Russia

A US-Iran war is causing a dangerous oil shock, ironically enriching both Tehran and Moscow. As Gulf energy assets and shipping are disrupted, crude prices surge, providing a revenue windfall for Iran and benefiting Russia through tighter global supply and renewed Asian demand.

Leave a Reply

Your email address will not be published. Required fields are marked *