Russia Profits From US-Israel War On Iran, EU Council President Antonio Costa Warns
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Russia Profits From US-Israel War On Iran, EU Council President Antonio Costa Warns

10 March, 2026.Gaza Genocide.6 sources

Key Takeaways

  • Russia is currently the only country benefiting from the US-Israel war on Iran
  • Surging energy prices are giving Russia additional resources to finance its war against Ukraine
  • The conflict diverts military capabilities and global attention away from Ukraine

Costa: Russia benefits

EU Council President Antonio Costa warned EU ambassadors that Russia is currently the only winner from the widening Middle East war, arguing the conflict diverts attention and resources away from Ukraine and strengthens Moscow’s position.

Russia is so far the only winner of the Iran war, EU chief Antonio Costa said today, lamenting that Moscow profited from soaring energy prices sparked by US-Israeli strikes and Tehran’s retaliation

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Costa told diplomats in Brussels: “So far, there is only one winner in this war - Russia,” and said the diversion of military capabilities and attention is benefiting Moscow while undermining Ukraine’s position, a point echoed in coverage noting that his remarks came as global energy markets reacted and diplomatic efforts over Ukraine continued in parallel.

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Energy fuels Russia

Costa emphasised that rising energy prices produced by the regional fighting are directly helping Moscow pay for its war against Ukraine, saying higher prices give Russia ‘new resources to finance its war’ while Western efforts to curb Moscow’s oil revenues are undercut.

Brussels coverage highlighted that the Iran war has disrupted energy and transport, aggravating market turmoil and effectively boosting Russian revenue at a moment when sanctions were intended to limit Putin’s finances.

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Diverted military support

Costa warned the conflict is diverting critical military capabilities that Ukraine urgently needs, and Brussels reporting noted Ukraine’s acute demand for air-defence systems has become harder to meet as regional states and allies shift equipment and attention to the Middle East.

Antonio Costa said on Tuesday that Russia is currently the only country benefiting from the war in the Middle East, warning that the conflict is strengthening Moscow's position while distracting from the war in Ukraine

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Coverage stresses the practical effect of this diversion: weapons and support that might have bolstered Kyiv s defences are being reallocated or delayed because of the broader regional crisis.

Shipping and sanctions

The regional fighting has also disrupted shipping and energy chokepoints, with Brussels reporting that Iran s retaliatory strikes have virtually halted activity in the strategically vital Strait of Hormuz, compounding global transport and market disruption.

Brussels cited US moves in response including President Trump s announcement to waive some oil sanctions to boost supply underscoring how geopolitical shifts are producing ad hoc policy changes that may ease prices but also interact with Russia s economic gains.

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Call for diplomacy

Costa urged all parties to avoid further escalation and to return to negotiations, stressing that freedom and human rights cannot be achieved through bombs and that the path of continued fighting threatens Europe and beyond; coverage also notes Kremlin officials say all sides remain interested in U.S.-mediated talks between Russia and Ukraine, though no date is set.

Politics Russia is the ‘only winner’ of war in Iran, top EU official says, as energy prices soar Edited by: Sion Pennar

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His appeal framed the Middle East escalation as a strategic gift to Moscow and called for renewed diplomatic focus to prevent the conflict from weakening the international order.

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