Over $100 million per day: How global oil shock has turned into a jackpot from Iran and Russia—explained
The US-Iran war is driving a sharp and politically dangerous oil shock, but one of the biggest ironies of the conflict is that it is enriching both Tehran and Moscow.As Iran attacks Gulf energy assets and shipping through the Strait of Hormuz remains severely disrupted, crude has surged above $100 a barrel, turning the region’s…