3 Articles
3 Articles
The war in the Middle East and rising oil prices give Putin a much-needed shot of cash, but it's only a band-aid on an open wound.
Why Is Russia Benefiting From The Iran War
Russia is benefiting financially from the Iran war due to surging global energy prices, even as its broader economy remains under strain. According to CNBC, the near closure of the Strait of Hormuz has driven oil prices sharply higher, boosting Russian revenues by billions of dollars each month. Analysts said Russian crude prices have nearly doubled since the conflict began, significantly increasing state income and easing short-term budget pres…
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- 67% of the sources lean Right
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