Economy · Full coverage
Non-Gulf Oil Exporters Are Profiting from the Global Oil Shock
How 3 Israeli newsrooms covered this story — translated into English and compared side by side.
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First reported by Globes · Jun 13, 2026
What happened
The Strait of Hormuz closure sent oil prices higher and created a windfall for exporters outside the Persian Gulf. The United States, Norway, Russia, Brazil, Guyana, and Venezuela each responded differently, but all benefited in varying degrees from the market disruption. Analysts warned the gains may be temporary as the global energy system shifts toward electricity and renewables.
- 01U.S. crude export revenue rose by nearly $11 billion in March-April 2026.
- 02Norway doubled its crude export revenue to $12.4 billion in two months.
- 03Russia earned $7 billion more despite exporting fewer barrels.
- 04Brazil taxed exports to protect domestic fuel prices.
- 05Guyana’s oil boom sharply lifted its income and GDP per capita.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
In this story
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Full coverage · 3 outlets
The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.
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