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Russia the only ‘Winner’ of US-Israel War on Iran: EU Council President
European Council President António Costa highlighted that Russia gains tens of billions in revenue due to soaring energy prices and eased sanctions amid the US-Israel-Iran conflict.
- 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.
38 Articles
38 Articles
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 …
Costa also emphasized the need for the EU to protect the rules-based international order, which, according to him, is being challenged by the United States.
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