Putin cashes in on Iran turmoil as shadow oil routes flourish
The Iran war is creating a windfall for Vladimir Putin as Russian crude moves through shadow shipping networks, aided by a U.S. sanctions waiver that lets Indian refiners buy Moscow’s oil. Tankers like the Sarah have shifted routes to India and may onward‑load for China, highlighting how Moscow benefits from Middle East turmoil. The surge could be temporary, exposed to further sanctions and price swings.