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Russia Revels in a Sudden Reversal in Fortunes as Oil and Gas Prices Soar
NY Times ^ | March 7, 2026 | Paul Sonne and Jeanna Smialek

Posted on 03/07/2026 8:18:53 AM PST by McGruff

Russia has a question for the European countries that have shunned its energy exports: Do you miss us now?

The Kremlin is enjoying a sudden resurgence of its importance as a global supplier of oil and gas, as the conflict in Iran disrupts energy production and shipment across the Middle East and sends global energy prices soaring.

“Now other markets are opening up, and perhaps it’s more advantageous for us to stop supplying the European market right now,” Mr. Putin said on Wednesday to a state television reporter, Pavel Zarubin, who chronicles the Russian leader.

“We are seeing an increase in demand, a substantive increase in demand for Russian energy providers in connection with the war in Iran,” the Kremlin spokesman, Dmitri S. Peskov, told journalists in a briefing on Friday.

(Excerpt) Read more at nytimes.com ...


TOPICS: Business/Economy; Front Page News; Iran; News/Current Events; Russia
KEYWORDS: 5thcolumnonfr; angryzeepers; bidenkeywordtroll; energy; frtraitorslist; hostingtreasononfr; jeannasmialek; mcgruff; mctroll; newyorktimes; oil; paulsonne; poootlerpanicin321; prices; putinthewarpig; russia; russiansuicide; russiarussiarussia; sidebarabuse; vindmanisthatyou; vladtheimploder; zeepershasthesads; zelvishaszeepers

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1 posted on 03/07/2026 8:18:53 AM PST by McGruff
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To: McGruff

While they simultaneously help the Iranians target our people.


2 posted on 03/07/2026 8:21:46 AM PST by Carry_Okie (The tree of liberty needs a rope.)
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To: McGruff

Don’t spend your money all in one place. Prices will drop soon. Might I suggest investing in the stock market?


3 posted on 03/07/2026 8:26:12 AM PST by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all. )
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To: McGruff

Make hay while the sun shines. Fortunes will turn soon for the enemies of cheap energy,


4 posted on 03/07/2026 8:26:24 AM PST by arkfreepdom
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To: McGruff

The New York Times, right on cue...3...2...1...

“Trump’s did this to help his ally Russia against Ukraine!”


5 posted on 03/07/2026 8:28:18 AM PST by rlmorel (Factio Communistica Sinensis Delenda Est)
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To: McGruff

And in the last 4 years, if we had been developing the ANWR and Rockies oil fields we would have been the major supplier of oil and natural gas world wide and toppled Russia economically. We would have been cutting the income of Iran thus erasing their main exports and slowing their use of them to produce nuclear weapons. And that’s not hindsight. If you followed the buck it was obvious.

wy69


6 posted on 03/07/2026 8:28:20 AM PST by whitney69 (uin.)
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To: whitney69

Low oil prices are a major deterrent for energy companies to develop new oil fields.


7 posted on 03/07/2026 8:31:37 AM PST by Alberta's Child ("There's somebody new and he sure ain't no rodeo man.")
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To: everyone

Putin probably wishes both sides great success.


8 posted on 03/07/2026 8:35:16 AM PST by McGruff
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To: Carry_Okie
While they simultaneously help the Iranians target our people.

While the United States helps Ukraine target Russians.
That’s the way the world goes round.

9 posted on 03/07/2026 8:36:55 AM PST by thegagline (Sic semper tyrannis! Trump & Vance, 2024! (Formerly) Goldwater & Thomas Sowell)
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To: rlmorel
--- "The New York Times, right on cue...3...2...1... 'Trump’s did this to help his ally Russia against Ukraine!' ”

Indeed.

10 posted on 03/07/2026 8:37:02 AM PST by Worldtraveler once upon a time (Degrow government)
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To: Texas Eagle

Trump declaws Iran and the Gulf Oil will flow freely. Russia and China will be toast.


11 posted on 03/07/2026 8:40:51 AM PST by bray (It's not racist to be racist against races the DNC hates.)
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To: McGruff

And much of the oil India will process will end up in California.


12 posted on 03/07/2026 8:44:45 AM PST by PGR88
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To: everyone

🇮🇳🇷🇺 India who decided to support Israel and the US instead of it’s BRICS partners was buying cheap discounted oil from Russia.

Then US stepped in and ordered India to stop buying Russian oil and buy from others like Venezuela instead.

Modi kneeled and agreed and then began reducing its purchases of Russian oil.

After the war and global oil crisis, America gave India “permission” to buy Russian oil again for 30 days.

India then went back to Russia to buy oil.

Russia replied, we’ll sell oil, but now at higher prices and with no discounts like before.


13 posted on 03/07/2026 8:50:57 AM PST by McGruff
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To: McGruff

This was totally impossible to predeict.


14 posted on 03/07/2026 8:51:02 AM PST by Romulus ( )
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To: Texas Eagle

I topped off my gas tank and bought a bunch of USO (oil futures ETF) on February 26 for $78.22. USO now at $112.69 and climbing. Meanwhile, the stock market has gone down.

I also made some silly little bets on Kalshi re the Strait of Hormuz, gas prices and Shah Jr and quadrupled my money. Too bad I bet less than $15 total, but I just do Kalshi for fun, not a gambler. And it has been a lot of fun!


15 posted on 03/07/2026 8:58:07 AM PST by CatHerd (Whoever said "all's fair in love and war" probably never participated in either.)
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To: rlmorel

I wish our side could buy the NYTs and stop their never ending diatribe against America.


16 posted on 03/07/2026 9:01:01 AM PST by Beowulf9
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To: McGruff

Europe abandoned their real, essential interests for a song and abstract do-gooderism.

Fools.


17 posted on 03/07/2026 9:11:17 AM PST by Mariner (War Criminal #18)
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To: Mariner

Exactly. They chopped off a huge amount of their countries wealth and standing for... Nothing. Just thrown away


18 posted on 03/07/2026 9:14:38 AM PST by Mount Athos
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To: McGruff

The New York Times is owned by The New York Times Company, which is publicly traded. However, the Ochs-Sulzberger family controls the voting shares, ensuring the newspaper remains independent.

“Arthur Gregg Sulzberger (born August 5, 1980) is an American journalist, chairman of the New York Times Company, and publisher of its flagship newspaper, The New York Times.

On December 14, 2017, it was announced that Sulzberger would take over as publisher on January 1, 2018. He is the sixth member of the Ochs-Sulzberger family in the role. Though The New York Times Company is public, all voting shares are controlled by the Ochs-Sulzberger Family Trust. SEC filings state the trust’s “primary objective” is that the Times continues “as an independent newspaper, entirely fearless, free of ulterior influence and unselfishly devoted to the public welfare”. On his first day as publisher, Sulzberger wrote an essay noting that he was taking over in a “period of exciting innovation and growth”, but also a “period of profound challenge”. He committed to holding the Times “to the highest standards of independence, rigor, and fairness””. Wikipedia

“fairness”


19 posted on 03/07/2026 9:16:14 AM PST by Beowulf9
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To: McGruff

It’s helping me also, go Trump.

Meanwhile:

FOX News
1h
Pence praises Trump admin’s ‘extraordinary’ operation in Iran
Former Vice President Mike Pence praises President Trump’s action in Iran and explains why he believes the administration chose the appropriate time to strike.


20 posted on 03/07/2026 9:19:56 AM PST by SaxxonWoods (Annnd....I voted for this too!)
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