Russia Hits Jackpot As Iran-US-Israel War Fuels Global Oil Demand; $9 BN Pour In For Moscow

| Apr 10, 2026, 04:05:00 PM | TOI.in
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The US–Israel–Iran war is reshaping global energy markets—and Russia is emerging as a major beneficiary. As oil prices surge past $100 and the Strait of Hormuz faces disruption, global buyers are shifting to Russian crude. According to Reuters estimates, Moscow’s oil revenues could double to $9 billion in April, earning over $760 million per day. But even as the Kremlin cashes in, a growing budget deficit and Ukraine’s strikes on energy infrastructure threaten to undercut these gains. Is this a temporary windfall—or a fragile advantage in a volatile war-driven economy?#russia #oilcrisis #iranwar #israeliranconflict #energycrisis #globaloil #straitofhormuz #breakingnews #geopolitics #ukrainewar #oilprices #worldnews #middleeastcrisis #economicimpact #crudeoil

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