In the context of the US and Israeli military operation against Iran, Russia has been among the main winners, benefiting from the jump in oil prices. This, uraua.info informs, is reported by The Wall Street Journal. The PromPolitInform portal reports.
The article recalls that back in February of this year, the Russian oil sector was in the most difficult situation in recent years, but the events in the Persian Gulf region have completely changed the situation.
The author writes that now the oil of the aggressor country has become the most in demand, and the US has even lifted sanctions on it and allowed major buyers to continue deals with enemy companies.
It is known that the rapid increase in the cost of Moscow’s oil and gas can lead to significant profits, which will be an unfavorable development for Ukraine.
The publication also claims that the discount that traders in India previously demanded for Russian oil has practically disappeared. Some Indian refineries are now receiving offers with a premium of $1 to $5 per barrel to the global benchmark Brent for deliveries to ports in the coming months, although back in February the difference was minus $10 to Brent.
Senior oil analyst at Kpler Navin Das suggests that if the US and Israeli military operation in Iran drags on, the global market will be even more tied to Russian energy resources.
