Anonymous4 days ago
The 2026 U.S.-Israeli military campaign against Iran has triggered the largest oil supply disruption since the 1970s, sending Brent crude above $120 per barrel and reshaping revenue flows across the global petroleum economy. While Iran's oil exports have oscillated dramatically — from a 2025 peak of 2.15 million barrels per day to post-snapback lows, and now a wartime surge controlled largely by the IRGC — the windfall has not reached ordinary Iranians, who face 48% inflation, a collapsing rial, and widespread poverty. Russia, defense contractors, and oil-producing states outside the conflict zone have emerged as parallel beneficiaries of the same dynamics, raising the question of whether framing this as an "Iran windfall" obscures a broader structural pattern in conflict economics.