Back to today’s briefing

Story perspectives

Russia Capitalizes on Middle East Conflicts for Economic Gain

6/20/2025

35 3

Summary

Story summary

Russia is skillfully navigating its ties with the Middle East, leveraging regional conflicts for economic gain. As Israeli airstrikes target Iran, Moscow reaps the rewards of soaring oil prices while sidestepping direct military involvement. This delicate balance not only strengthens its position but also opens new diplomatic avenues with the U.S., diverting attention from the war in Ukraine.

History

Historical Context

The 1979 Iranian Revolution established an Islamic Republic, severing ties with the U.S. and fostering an alliance with Russia. This shift enabled Russia to enhance its influence in the Middle East. In April 2024, direct military confrontations erupted between Iran and Israel, marking a significant escalation in their long-standing proxy conflict, with potential ramifications for regional stability and global security.

1 of 2

Story summary

Russia is skillfully navigating its ties with the Middle East, leveraging regional conflicts for economic gain. As Israeli airstrikes target Iran, Moscow reaps the rewards of soaring oil prices while sidestepping direct military involvement. This delicate balance not only strengthens its position but also opens new diplomatic avenues with the U.S., diverting attention from the war in Ukraine.

1 / 2