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

Russian crude oil prices have risen sharply as tensions between the U.S., Israel, and Iran create uncertainty in global energy markets. The conflict threatens Iranian oil supplies and has boosted demand for alternative sources, including Russian Urals crude, which typically trades at a discount to other benchmarks. Energy-producing nations including Russia stand to profit from higher prices and increased market share if Iranian exports remain disrupted. The dynamic illustrates how geopolitical conflict can reshape global energy flows and create winners among producers outside the immediate conflict zone. How long Russia maintains these advantages depends on whether the U.S.-Israel escalation leads to sustained Iranian supply disruptions.