Global internet focuses on oil revenues for Iran and Russia, Daniel Lacalle notes

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Mikhail Vnuchkov

30.03.2026

Global internet focuses on oil revenues for Iran and Russia, Daniel Lacalle notes — U.S. leads global oil production

Daniel Lacalle draws attention to the ongoing discussions about the billions of dollars that Iran and Russia are earning from current oil prices.

He points out that the U.S. is actually the largest oil producer globally, ahead of Saudi Arabia. His commentary addresses the frequent online focus on Iranian and Russian oil revenues while emphasizing the leading production role of the U.S.

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Lacalle has previously noted that governments benefit the most from oil price changes through revenue collected from royalties, taxes, and duties, according to a prior analysis. He has also described recent claims of dedollarization as a bull-market narrative and emphasized that global demand for the U.S. dollar remains strong in a separate commentary. His latest remarks continue a focus on economic impacts related to oil and currency.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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