Russia Profits From Iran Oil Shock, Putin’s Energy Revenue Surges Amid Global Crisis | News9

Описание: Russia is emerging as one of the biggest financial winners of the Iran-triggered oil shock, turning global disruption into a massive revenue surge.

President Vladimir Putin is now estimated to be earning nearly $760 million a day from oil and gas exports as prices spike globally.

With Iran tensions tightening supply, Russia’s monthly energy revenues could nearly double—rising from around $12 billion to as high as $24 billion. Annual earnings could even reach $218 billion, and potentially climb to $386 billion if the crisis continues.

Global oil benchmark Brent crude has surged close to $100 per barrel, while Russian crude prices have risen even faster, reducing the need for steep discounts.

For India, this shift could mean higher import costs as discounted Russian oil becomes less available.

As global energy markets react to the ongoing crisis, Russia appears to be turning geopolitical turmoil into economic advantage.
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