Russia Reaps Economic Benefits as Its Support Fuels Iran's War with US-Israel
Key Takeaways
- Russia directly and materially supports Iran in its war against the US.
- Iran conflict has evolved into a Russia-Ukraine proxy war with broader spillovers.
- Analysts see Russia and China gaining influence in Iran amid the conflict.
Russia Benefits Economically
Russia’s oil-dependent economy is getting a significant boost from surging oil prices and the loosening of U.S. sanctions.
“European allies are publicly and privately telling American diplomats that Russia is directly and materially beyond what the U”
Zelensky told Axios that a long war in Iran would be very good for Russia and very bad for Ukraine.
The Peterson Institute wrote that China and Russia are benefiting from this war in many ways.
Russia Provides Real-Time Targeting to Iran
Russia has been aiding Iran by providing satellite imagery and drones.
Zelenskyy posted that Russian satellites had imaged various U.S. bases.
CBS News reported European allies are telling American diplomats that Russia is directly supporting Iran.
Risks for Ukraine and the West
Zelensky said he is sure a prolonged war in Iran will hamper Ukraine’s weapons supply.
“The repercussions of the war now underway between the United States and Israel on the one hand and Iran on the other have begun to spill beyond the Gulf region to other parts of the world”
The Atlantic Council described the campaign as a high-risk gamble.
European responses to the conflict have varied.
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