Russia Revenues: How Putin Is Earning $760 Million a Day During Iran War

Russia’s energy revenues are witnessing a sharp surge as the ongoing conflict involving Iran disrupts global oil markets, creating favourable conditions for Russia to cash in on rising prices. President Vladimir Putin is now estimated to be earning nearly $760 million per day from oil and gas exports, highlighting how geopolitical instability is reshaping global energy dynamics.,According to estimates by the Kyiv School of Economics (KSE) Institute, Russia’s monthly energy revenues could nearly double—from around $12 billion to as much as $24 billion. This spike is being driven by a combination of surging crude prices and temporary easing of sanctions enforcement by the United States under President Donald Trump.

The relaxation has allowed buyers to proceed with previously restricted Russian oil shipments, reducing trading risks and boosting demand.,Even under a scenario where the conflict stabilises in the near term, Russia’s total oil and gas revenues are projected to reach approximately $218.5 billion this year—about 63% higher than earlier estimates. In the event of a prolonged conflict lasting several months, earnings could soar to as high as $386.5 billion, underlining the scale of the windfall.,

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: Hormuz Toll Shock: Iran Moves to Charge Ships for Safe Passage, ,A major factor behind this revenue boom is the disruption of oil flows through the critical Strait of Hormuz, which has tightened global supply. Benchmark Brent Crude prices have risen sharply—by roughly 38% to around $100 per barrel since the conflict began. Russian oil prices, however, have climbed even faster, surging by nearly 72%, reflecting stronger demand and reduced discounting.,Previously, Russia had been offering its crude at discounted rates to key buyers such as India and China due to sanctions.

However, the current market conditions have allowed Moscow to sell oil at or near global benchmark prices, significantly improving its profit margins.,India, in particular, has increased its imports of Russian oil amid the ongoing volatility, seeking to secure energy supplies in a tight market. This shift highlights how major consuming nations are adapting to rapidly changing supply dynamics.,At a recent Kremlin meeting, Putin urged domestic energy companies to utilise these increased revenues to reduce debt levels, calling it a prudent and strategic move. The development underscores how Russia is leveraging global disruptions to strengthen its fiscal position, even as the broader geopolitical environment remains highly uncertain.,Get Latest News Live on Times Now along with Breaking News and Top Headlines from Business, Economy and around the World.