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The Times of India
The Times of India
World
Ayush Pandey

The shadow oil empire of ‘H’: How Russia, China grease Iran’s war machine amid US onslaught

For more than a century, global power has often flowed not just from armies or governments, but from tightly knit financial networks — from dynasties like the Rothschilds in Europe to the Rockefellers in the United States, whose influence helped shape modern capitalism, oil markets, and geopolitics. In 2012, when RIT Capital Partners linked with Rockefeller Financial Services, it symbolised how legacy power adapts, consolidates, and survives across generations.

In today’s fractured geopolitical order, a similar model — though far more opaque and operating in the shadows — appears to be unfolding in Iran.

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