‘Pocketing billions’: How the Iran war has thrown Putin an oily lifeline
- Posted on March 31, 2026
- By The Sydney Morning Herald
- 3 Views
‘Pocketing billions’: How the Iran war has thrown Putin an oily lifeline
Every $US10 increase in oil prices benefits “Russia Inc” by about $US100 million a day at a time when the Kremlin had been facing a serious budget crunch.