BBC: Russia, China and the US – the global winners and losers of the Iran war
Winners: Norway, Canada and Russia
Losers: US, UK and Europe
But the biggest guzzlers in the continent have been somewhat insulated, through planning and diplomacy. China is sitting on reserves equal to a good few months of usage and has reportedly ramped up purchases from Iran.
The same is true of India, as it also takes advantage of that temporary green light to turn to Russia.