Philenews

Russia Profits Heavily from Iran War Due to Increased Oil Demand

Published March 26, 2026, 17:18
Russia Profits Heavily from Iran War Due to Increased Oil Demand

Russia is reaping significant financial benefits from the war in Iran, as demand for Russian oil has surged. Moscow is estimated to be earning at least $760 million per day, with revenues from oil and natural gas expected to double in March, reaching nearly $24 billion. Even after the war ends, Russia's oil and gas revenues are expected to remain high, reaching $218.5 billion by 2026. The US has approved the sale of Russian oil due to soaring prices.