Will Russian oil be the biggest winner in the US-Israel war on Iran? | US-Israel war on Iran News

Russia's oil exports have surged in recent weeks due to the US-Israeli war on Iran, which has led to a global energy crisis. President Donald Trump temporarily eased sanctions on Russian oil to alleviate the shortage caused by Iran's closure of the Strait of Hormuz. The price of Russian Urals oil has risen significantly, exceeding $90 per barrel, as buyers seek alternative sources of crude in response to the supply disruption. Countries like India and China are now major buyers of Russian oil, while Turkiye is using it to stabilize its domestic market. The US decision to grant a temporary reprieve for shipped Russian oil has provided Moscow with an opportunity to maximize export volumes and oil revenues. Experts suggest that if sanctions are reimposed, prices may be lower to compensate for the increased risk of dealing with Russia.