Zelenskyy Warns Oil Price Surge Could Help Russia’s War Effort
- On Saturday, Russia repatriated 1,200 bodies of fallen soldiers to Ukraine following an agreement made during peace talks in Istanbul on June 2.
- The discussions included arrangements for exchanging prisoners of war and the remains of fallen soldiers; however, on that day, Ukraine did not send any bodies back to Russia, underscoring persistent strains between the two sides.
- Over the past 48 hours, Israel and Iran exchanged attacks that caused global oil prices to rise by as much as 7%, raising concerns about disruption to Middle Eastern oil exports.
- Ukrainian President Zelenskyy cautioned that the rising oil prices enhance Russia’s military strength and jeopardize Ukraine’s position on the battlefield, emphasizing the importance of maintaining, or ideally increasing, support from international partners despite these challenges.
- Zelenskyy plans to discuss these issues with US President Trump, expressing concern that US military aid to Ukraine may be diverted toward Israel amid Middle East tensions.
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The escalation of the conflict between Israel and Iran could help the Russian military machine as a result of rising oil prices.

Zelensky warns oil price surge could help Russia’s war effort in Ukraine
Global oil prices rose as much as 7 after Israel and Iran exchanged attacks.
The sharp rise in oil prices worldwide following Israeli attacks on Iran will benefit Russia and strengthen its military capabilities in the war in Ukraine, Ukrainian President Volodymyr Zelensky said.
Zelenskyy warns oil price surge from Israel-Iran conflict could aid Russia's war chest
A sharp rise in global oil prices following Israeli strikes on Iran will benefit Russia and bolster its military capabilities in the war in Ukraine, Ukrainian President Volodymyr Zelenskyy said Friday in comments that were under embargo until Saturday afternoon.
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