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Russia Restarts Caspian Shipments to Iran Amid Blockade, Inflation Fears

5/7/2026

Summary

Story summary

Russia resumed shipments through the Caspian Sea to Iran’s Bandar Anzali port after an Israeli air strike on March 18.
Lawmaker Ebrahim Najafi said Iran imports goods via land routes through Pakistan, Turkey, Armenia, Azerbaijan and the Caspian Sea, after United States blockade limits oil exports through Strait of Hormuz.
Former Reagan economic adviser Hanke warned that Caspian port capacity could raise landed prices and inflation, though he doubts collapse.

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Story summary

Russia resumed shipments through the Caspian Sea to Iran’s Bandar Anzali port after an Israeli air strike on March 18.
Lawmaker Ebrahim Najafi said Iran imports goods via land routes through Pakistan, Turkey, Armenia, Azerbaijan and the Caspian Sea, after United States blockade limits oil exports through Strait of Hormuz.
Former Reagan economic adviser Hanke warned that Caspian port capacity could raise landed prices and inflation, though he doubts collapse.