Unexpected Beneficiary: How Russia's Gains from the Iran War
Explore how the ongoing conflict in Iran has unexpectedly benefited Russia, reshaping global alliances and energy markets in a surprising turn of events.
Russia, the unexpected beneficiary of the war in Iran, has experienced a dramatic reversal in its fortunes. As the conflict engulfs Iran, shifting global alliances and soaring energy prices are reshaping the existing power balances, potentially redefining the next stage of international security.
Before the US and Israel attacked Tehran in late February, Moscow was preparing deep budget cuts to education and healthcare funding to pay for its invasion of Ukraine, which has now entered its fifth year. However, in just over a month of the fighting in Iran, the global oil price has shot up from a prewar average of $72 to well over $100 per barrel, providing a financial boost of multi-billions for Russia that shows little sign of ending.
Source: The Guardian
