"Now we see that they have earned about $10 billion in two weeks of war in the Middle East. This is really dangerous. It gives Putin more confidence that he can continue the war. The situation surrounding Iran is indirectly boosting Moscow's finances, while the gradual easing of certain international restrictions has also benefited the Russian economy."
"Russia faced a budget deficit of over $100 billion in 2026 because of sanctions imposed by the European Union and the United States, alongside Ukrainian strikes targeting Russian energy infrastructure. However, the spike in global oil prices, triggered by the closure of the Strait of Hormuz, is providing Moscow with a new financial boost generating an additional $150 million per day."
"There is an informal barter-style relationship between Moscow and Tehran, with Russia supplying weapons to Iran while using its energy revenues to support the Iranian regime. This growing partnership between Russia and Iran could pose a greater threat to stability across the Middle East."
Ukrainian President Zelensky warns that Russia is profiting substantially from Middle East escalation, with oil price surges generating approximately $10 billion in two weeks for the Kremlin. The closure of the Strait of Hormuz has increased crude oil prices, providing Russia an additional $150 million daily according to Financial Times reporting. This financial boost directly counters Russia's projected 2026 budget deficit exceeding $100 billion from EU and US sanctions plus Ukrainian infrastructure strikes. Zelensky highlights that easing international restrictions further benefits the Russian economy. He also alleges an informal weapons-for-energy barter relationship between Moscow and Tehran, warning this deepening partnership threatens broader Middle East stability and emboldens Putin to continue his war efforts.
#russia-iran-relations #oil-prices-and-geopolitics #ukraine-war-funding #middle-east-escalation #economic-sanctions-impact
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