New Delhi, March 14 -- The US-Iran war has entered its third week, and still, there are no signs of any de-escalation in this Middle East crisis. According to experts, the US-Israel-Iran war has created a complex geopolitical situation where different global powers have very different economic and strategic incentives. They said that Russia is the biggest beneficiary of this US-Iran war as soaring oil prices strengthen sanction-hit Russia's energy revenues.

China can also reduce its energy security threat after the disruption in the Strait of Hormuz by drawing on its buffer oil stocks and Russian oil imports. Even the Iranian government would want to delay the end of this conflict and push the crude oil prices, as it would negatively imp...