As the conflict in Iran disrupts global energy markets, a report by the State Bank of India (SBI) indicates that the United States could be the primary economic beneficiary. The ongoing war has intensified Europe's shift away from Russian gas, which has plummeted from a 40% share of European Union pipeline gas imports in 2021 to about 6% by 2025. This shift has created a significant opportunity for US liquefied natural gas (LNG) exporters, who supplied nearly 58% of the EU's LNG imports in 2025. The war has further strained energy supplies, pushing European natural gas prices up by as much as 30% in a single day. Additionally, the unexpected halt of LNG exports from Qatar has exacerbated the situation, leading analysts to predict that prices could remain elevated for months. US exporters are uniquely positioned to benefit due to their flexible capacity and lower production costs, with profit margins potentially exceeding 200% at current international prices. The report concludes that the financial gains from increased energy exports could help mitigate the economic burdens associated with military involvement in the conflict.