economy
March 5, 2026
COMPLETELY UNEXPECTED This country will benefit most from Trump's war against Iran
The war in the Middle East, which has practically closed the Strait of Hormuz, has made Russian oil more valuable to the world's two largest energy markets - India and China.
TL;DR
- The conflict in the Middle East has led to the practical closure of the Strait of Hormuz, a critical route for global oil and gas supplies.
- This disruption has driven up oil prices worldwide, with potential to exceed $100 per barrel if prolonged.
- India and China, the world's largest oil importers and heavily dependent on Gulf supplies, are particularly affected.
- Russia is emerging as the main beneficiary, as its oil becomes a more accessible and attractive alternative for India and China.
- Both India and China are increasing their purchases of Russian crude, with Russia anticipating renewed interest and higher revenues.
- Other countries like Brazil, Argentina, Australia, Malaysia, and the US may also profit from higher prices and reduced global supply, but Russia holds a strategic advantage in serving India and China.
- Despite some logistical challenges for Russia, its proximity and availability of oil make it a key supplier in the current climate.
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