Kremlin strongman Vladimir Putin’s declining fortunes have taken a major turn for the better because Donald Trump’s war on Iran has given the staggering Russian economy a shot in the arm as oil prices lurch upward.

According to the Wall Street Journal, Russian crude that was languishing unsold just days ago has become a hot commodity. The U.S. has eased sanctions on Russian oil, opening the door for key buyers to increase purchases. With oil and natural gas prices surging, Russian producers are reaping substantial profits.

The shift is already visible in global markets. In India, traders who previously demanded steep discounts to purchase Russian oil are now attempting to sell at prices above global benchmarks—a dramatic reversal.

"The longer that this conflict goes on, the world will increasingly rely on both Russian crude oil and Russian refined products," said Naveen Das, senior crude analyst at Kpler.....

Global benchmark Brent crude has surged nearly 30 percent since the attacks began. While higher prices normally benefit all oil producers, disruption in the Gulf has crippled Russia's primary competitors in that region, leaving Moscow uniquely positioned to capitalize on the crisis.