BRICS
March 11, 2026
Russia Iran war profits have turned into the biggest unplanned financial windfall of 2026. While the US fights a war it did not fully prepare for, Russia is collecting up to $150 million a day in additional oil revenues, per the Financial Times. The Russia oil windfall Hormuz closure produced is already at $6 billion and climbing. Putin oil revenue 2026 estimates are also being revised upward by the day, and the Strait of Hormuz Russia benefits from staying closed is now the central story of this conflict’s economics. Russia war budget oil planners built the year on $59 crude. They got $100.
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Russia Earns $150M a Day as US Navy Admits Hormuz Escorts Are Not Possible
Russia Iran War Profits: From Budget Crisis to Windfall
Russia Iran war profits are landing at exactly the right moment for Moscow. The Russia war budget oil assumptions for 2026 were built on $59 per barrel Urals crude, and analysts at SberCIB had also warned the deficit could reach $95 billion under weaker conditions. Russia war budget oil dependency looked like the Kremlin’s biggest vulnerability heading into the year.
Then the Strait of Hormuz Russia now profits from closed almost overnight. Brent surged past $100 and Asian buyers scrambled for alternatives. India and China both also moved to buy Russian crude at well above the discounted prices Moscow had been forced to accept for months. The Russia oil windfall Hormuz has generated is now projected to reach between $3.3 billion and $4.9 billion by end of March, per Financial Times estimates. Putin oil revenue for 2026 also went from deficit territory to surplus in under two weeks.
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“The Clear Winner Is Vladimir Putin” as Russia Iran War Profits Reach $6B
At the Senate Armed Services Committee hearing on Thursday, Senator Angus King stated:
“There is a clear winner in this war. The clear winner is Vladimir Putin and Russia.”
Hours earlier, Reuters had reported the US Navy told the shipping industry military escorts through Hormuz were not possible for now. CNN separately reported the Pentagon and National Security Council had significantly underestimated Iran’s willingness to close the strait entirely.
Chris Weafer, CEO of strategic consultancy Macro-Advisory, had this to say:
“It can be said the war is saving Russia from potential budget problems. It is a double whammy positive, as the market price of oil and gas is a lot higher and Russia does not have to offer discounts to Asian buyers.”
Russia Iran war profits show no sign of slowing. The Strait of Hormuz Russia benefits from remains shut with no escort operation and no diplomatic resolution in sight. Putin oil revenue in 2026 is now on track to fund another year of war in Ukraine, and the Russia oil windfall Hormuz keeps producing grows by $150 million every single day. Russia war budget oil fears from February have been replaced by surplus projections, and Vladimir Putin has not fired a single shot in this war.
Also Read: US Senator: Netanyahu Found ‘President Stupid Enough’ as Hormuz Stays Closed, Gas Prices Surge
