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

The price of Russian Urals has soared in recent weeks. How Russia - and other energy producing nations - could profit.

China’s Russian oil imports spike in early 2026, but Iran war changes outlook

China’s imports of discounted Russian crude oil surged in January and February, though analysts suggest volumes could moderate in the coming months as the war in Iran increases global competition for Russian oil. In the first two months of the year, Russia’s shipments of crude to China rose 40.9 per cent year on year to 21.8 million tonnes, according to Chinese customs data released on Friday. But the total import value rose just 5.8 per cent in US dollar terms. “China has been an opportunist...

By Xinyi Wu

'Volatile: Oil market much more resilient than in 1970s' as conflict speculation drives price swings

Peter O'Brien is pleased to welcome Dan Marks, Research Fellow in energy security at the Royal United Services Institute. He views the global oil system as significantly more resilient than in past crises, in stark contrast to the 1970's. The current oil price movements being driven less by immediate physical disruptions and more by evolving expectations around the trajectory of conflict. While recent signals from political actors have temporarily eased fears of direct strikes on key faciliti...

By FRANCE24

As Iran conflict rages on, who hurts the most in global energy emergency?

China calls for end to war in Middle East warning of economic impact - The Straits Times

China calls for end to war in Middle East warning of economic impact  The Straits Times

US airlines project confidence as fuel costs surge in wake of US-Israeli war on Iran - analysis

For the biggest US carriers, which do not hedge against oil price rises, the shock is showing up mainly in the fuel bill, with jet fuel prices nearly doubling since the conflict began.

Israel, Iran intensify strikes as Mideast energy crisis deepens

Israel and Iran exchanged fresh missile and airstrikes Friday, broadening a conflict that has killed thousands, disrupted energy markets, and deepened geopolitical tensions across...