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The Independent UK
The Independent UK
Stuti Mishra

The country that will benefit the most from Trump’s war on Iran? Russia

Oil India Russia United States China Donald Trump Iran Gulf Ajay Parmar Moscow

The war in the Middle East that has effectively closed the Strait of Hormuz is making Russian oil more valuable to two of the largest energy markets in the world – India and China.

Oil prices have been soaring and stock markets tumbling globally, with analysts warning that prices could test $100 a barrel if the disruption extends beyond a few weeks.

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