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Natural Gas

Why Russia Can’t Capitalize on the Iran War’s Gas Shock

Op-eds & Essays with Tatiana Mitrova • April 03, 2026

When the Iran War disrupted shipping through the Strait of Hormuz and tightened global gas balances, a familiar assumption quickly resurfaced: Russia, possessing the largest proven natural gas reserves in the world, would inevitably emerge as one of the principal beneficiaries.

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Natural Gas

Why Russia Can’t Capitalize on the Iran War’s Gas Shock

Op-eds & Essays with Tatiana Mitrova • April 03, 2026