Russia
'Russian barrels are in demand' — Oil price spike boosts Russia's economy
The Iran war could be a boon for Russia, experts say, as turmoil in global energy markets changes the calculus for the world's largest petrostate. January and February this year were bleak on the fiscal front for Russia, as low oil prices, a looming global oil glut, and compounding sanctions tightened the screws on Russia's energy sector. The country relies in large part on its colossal oil and gas revenues to fund its full-scale invasion of Ukraine — now in its fifth year. But energy prices h
