Iran War's Main Beneficiaries Return
Iran's war caused widespread disruptions in the global energy trade, leading to interruptions in Gulf supplies and airlines and shipping companies diverting their routes away from affected areas. This resulted in increased air traffic over Syria and prompted Omani ports to become alternative strategic passages. Additionally, Nigerian and Venezuelan refineries benefited from the gap created by the halt in Gulf exports, with Nigeria's Dangote refinery increasing fuel oil exports to Europe, and Venezuela beginning to recover in the global oil market. Meanwhile, India strengthened its relations with Caracas as an alternative source of supplies.
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