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Putin: Iran War Consequences Could Be as Serious as Those of COVID Pandemic
Putin warned the Middle East conflict disrupts global supply chains and energy markets, with impacts on hydrocarbon, metals, and fertilizer sectors comparable to the COVID-19 pandemic.
- Russian President Vladimir Putin said the consequences of the Middle East conflict are hard to predict and compared its potential impact to the COVID-19 pandemic.
- Putin stated the conflict is causing significant damage to international logistics, production, and supply chains.
- He mentioned intense pressure on hydrocarbon, metals, and fertilizer companies due to the conflict.
- Putin reminded that the coronavirus epidemic dramatically slowed down development globally and suggested similar effects might arise from the current conflict.
30 Articles
30 Articles
The Financial Times: "Moscow Teheran" weapon. The tsar asks for funds for the conflict in Ukraine to entrepreneurs. The US estimates to move resources from Kiev to the challenge in the Middle East
Putin warns about unpredictable course in Middle East conflict
President Vladimir Putin on Thursday said the consequences of the Middle East conflict are unforeseeable and could be long-term due to its widespread impact. The war is inflicting significant damage on international logistics, production, and supply chains, Putin said at the 35th Congress of the Russian Union of Industrialists and Entrepreneurs. Putin decried how different sectors, including the extraction and processing of hydrocarbons, metals,…
Russia’s Putin warns Iran war fallout could mirror Covid shock to global economy
Vladimir Putin warned the Iran conflict could disrupt global supply chains like COVID-19, urged cautious spending amid oil volatility, while asserting Russia’s economic stability and sovereignty.
Russian President Vladimir Putin said that it is difficult to predict the consequences of the conflict in the Middle East, but he says that some experts have compared its potential impact with the COVID-19 pandemic. He has been cautious in spending, even if Russia is one of the beneficiaries of the war, due to the increase in oil prices ...
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