A US-Iran war is causing a dangerous oil shock, ironically enriching both Tehran and Moscow. As Gulf energy assets and shipping are disrupted, crude prices surge, providing a revenue windfall for Iran and benefiting Russia through tighter global supply and renewed Asian demand. A US-Iran war is causing a dangerous oil shock, ironically enriching both Tehran and Moscow. As Gulf energy assets and shipping are disrupted, crude prices surge, providing a revenue windfall for Iran and benefiting Russia through tighter global supply and renewed Asian demand.
