Russia Earns Billions as US-Iran War Drives Up Oil Prices
A March 12 analysis by the Center for Research on Energy and Clean Air (CREA) reveals that Russia has garnered an additional €6 billion ($6.9 billion) in just two weeks due to increased fossil fuel earnings, amounting to €510 million ($588 million) daily. This revenue stream is substantial enough to fund the purchase of 17,000 Shahed drones every 24 hours. As the U.S. contemplates easing sanctions on Russian oil, a move that would provide Moscow with a significant financial boost, experts warn this could prolong the conflict in Ukraine and undermine European security.
John Q. Hosedrinker