Crude oil futures have jumped over 40% since the Iran war started. The US has also temporarily eased some sanctions pressure on Russian oil.
By
Huileng Tan
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Russian President Vladimir Putin's war economy is coming under growing pressure.
FRANKFURT: The Iran war’s disruption of Middle East oil and gas supplies and soaring prices are strengthening Russia’s ability to…
The Iran war has caused energy prices to surge, directly benefiting — and filling the coffers — of major oil and gas producers…
Russia’s state oil and gas revenues are expected to increase by 39% year-on-year to RUB 700 billion (US$9.8 billion) in May,…
As the Iran war continues to choke flows through the Strait of Hormuz and scramble global crude markets, Moscow’s flagship Urals…
Russia’s ruble has muscled its way to become the world’s best performer against the dollar so far this quarter, buoyed by a surge…
Oil prices exceeded $100 per barrel on Monday, reaching peaks unseen since 2022, as the Iran war triggered a global energy crisis.
Could Trump's Iran war save Russia's economy? Report says math doesn't add up
