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Russia the only ‘Winner’ of US-Israel War on Iran: EU Council President
European Council President António Costa said Russia gains tens of billions in oil revenue as global focus shifts from Ukraine to the US-Israel conflict with Iran.
- On Tuesday, European Council President Antonio Costa told EU ambassadors in Brussels that Russia is the only beneficiary of the US–Israeli conflict with Iran, profiting from rising energy prices.
- Now in its 11th day, the conflict has spread as Iranian forces struck back, disrupting fuel flows and halting traffic through the Strait of Hormuz, pushing global prices higher.
- Europe's energy vulnerability is underscored by its pre-war reliance on Russian gas, while oil prices spike sharply on Monday, driven by market pressures, Costa said.
- Costa warned the diversion of military capabilities and energy-driven revenues benefits Russia by weakening Ukraine and providing new resources for its war effort.
- On Monday, US President Donald Trump called Vladimir Putin and said Washington would waive some oil sanctions to boost supply, while Scott Bessent last week issued a 30-day waiver for Russian oil sales to India.
42 Articles
42 Articles
Donald Trump's new Iran war exposes the trenches within the anti-American alliance of autocrats. Russia hopes that the war will last even longer, but China wants a quick end to the fights. That has an important reason for Beijing.
The war between the United States and Israel against Iran, and the reaction of the Alatoyan regime in extending the conflict to the entire Middle East and the Gulf countries, is straining the seams of the European Union. Much more than when Russian Vladimir Putin decided to invade Ukraine, in 2022, or when Israeli Beniamin Netanyahu began to raze the Gaza Strip in 2023.Keep reading...
The President of the European Council pointed out the consequences of the conflict between Iran and the United States for Ukraine. ...
Russia is the Sole Beneficiary of the Middle East Crisis, EU Council President Warns
European Council President António Costa asserted that Russia is currently the only beneficiary of the war in Iran, DW reported on March 10. This assertion came in a speech to European Union ambassadors in Brussels. A surge in energy prices and the diminishing global focus on Russia’s war against Ukraine, Costa argued, are both working in Moscow’s favor. We bring you stories from the ground. Your support keeps our team in the field. DONATE NOW …
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