Published by Global Banking & Finance Review®
Posted on April 7, 2026
2 min readLast updated: April 7, 2026
Add as preferred source on GoogleRussian PM Mishustin says disruptions from the Middle East war—particularly around oil, urea, sulfur, and helium supplies—are creating export opportunities for Russia, while reiterating the importance of insulating domestic markets from price shocks.
MOSCOW, April 7 (Reuters) - Global supply disruptions caused by the war in the Middle East have opened up new trade opportunities for Russia, but price stability in the domestic market remains a priority, Russian Prime Minister Mikhail Mishustin said on Tuesday.
Russia, the world's second-largest oil exporter, the largest wheat exporter, and a major producer and exporter of fertilisers, is seen by many experts as one of the main economic beneficiaries of the conflict.
"For our country, the current situation - if we consider exclusively the economic aspects - creates new opportunities to improve the financial position of export-oriented industries and to provide additional budget revenues," Mishustin told a government meeting.
"Our country has the capacity to increase overseas shipments of resources that are currently scarce due to the Middle East crisis, or that may become scarce in the near term, including food-related supplies," Mishustin said.
Apart from oil and gas, Mishustin noted that global supplies of urea, sulphur, and helium had been disrupted. Russia is a major producer of all three commodities.
Russia must protect its own domestic consumers from external price shocks, he said, citing recent bans on gasoline and nitrogen fertiliser exports as examples of protective measures.
"Our top priority remains protecting the domestic market," he said.
(Reporting by Vladimir Soldatkin; Writing by Gleb Bryanski; Editing by Andrew Osborn)
Supply disruptions from the Middle East war have opened new trade opportunities for Russia, particularly in export-oriented industries.
Key Russian exports such as oil, wheat, fertilisers, urea, sulphur, and helium are impacted and may see higher overseas shipments.
Russia's top priority remains protecting the domestic market from external price shocks, despite increased export opportunities.
Russia has implemented bans on gasoline and nitrogen fertiliser exports to shield domestic consumers from external price fluctuations.
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