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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.
43 Articles
43 Articles
European Council President Costa says Russia is the only ‘winner’ of the U.S. and Israeli war against Iran as fuel prices surge
Russia is the only “winner” in the ongoing U.S. and Israeli war against Iran, European Council President António Costa told EU ambassadors in Brussels. Rising energy prices are giving Moscow new resources to finance its war against Ukraine, he said. “It benefits from the diversion of military capabilities that might otherwise go to support Ukraine. And it gains from reduced attention to the Ukrainian front, as the Middle East conflict takes cent…
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. ...
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