01.09.2026 - 21:40 [ IBTimes.sg ]

Iran War Becomes $760M-a-Day Jackpot for Putin as Strait of Hormuz Chokes Global Oil Supply

(March 26, 2026)

The average earnings of Russian crude oil exports increased by 26 percent in the first two weeks of war alone to a rate of 230 million dollars a day in crude oil alone.

Combining both the revenues of oil and gas, the total daily earnings were at least 760 million. During the same period of two weeks, Russia also sold an extra 672 million euros or about $777 million of oil in comparison with the level during pre-war times.