As energy prices soar, Russia emerges as major winner of Middle East war

Summary

• Energy prices have surged due to the conflict.
• Russia is perceived as the primary beneficiary of the situation.
• EU Council President Antonio Costa highlights this shift in focus.

Key Facts

Fact	Value
Date	March 10, 2026
Source	France 24

Sources

• France 24: https://www.france24.com/en/video/20260310-as-energy-prices-soar-russia-emerges-as-major-winner-of-middle-east-war

Updates

Update at 01:00 UTC on 2026-03-12

Oil & Gas reported Crude oil prices soar as Russia capitalizes on geopolitical tensions.

Sources: Oil & Gas