Mar 13 • 00:01 UTC 🇬🇧 UK Sky News

Why Russia is a winner in the Iran war

The article discusses how Russia is benefiting economically from the conflict in Iran, particularly through increased oil prices due to rising tensions and US actions.

The article focuses on the economic advantages Russia is experiencing in light of the ongoing conflict in Iran, particularly as US-Israeli strikes have escalated tensions and influenced global oil prices. Amid these developments, Russian oil prices, especially Urals crude, have significantly increased, providing the Kremlin with a much-needed financial boost. With the Strait of Hormuz effectively closed, Russia's oil exports are facing less competition, allowing it to capitalize on higher demand and prices.

In the context of a war driven by the flow and pricing of oil, Russia is positioned uniquely as a non-combatant benefactor. The article highlights how the recent US sanctions against Iran have indirectly favored Russia by lifting some previous market constraints on its oil. President Trump’s decisions have not only altered the dynamics of the conflict but have also paved the way for Russia to strengthen its economic standing while its substitute crude fills the gap in the global market.

The implications of this shift are significant, as Russia's newfound economic advantage could further entrench its political influence in the Middle East and beyond. The article suggests that the Kremlin is not just surviving but thriving in a situation that could increase its leverage against Western nations and other global actors, posing challenges to the existing geopolitical landscape.

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