How Russia wins from war in the Middle East
Hello! Welcome to your weekly guide to the Russian economy, written by Alexander Kolyandr and Alexandra Prokopenko and brought to you by The Bell. Despite facing the possible loss of a geopolitical ally, Russia stands to win big from the Iran war on both the economic and political fronts.
Oil, gas, Ukraine, agriculture, politics: Where Moscow stands to gain
Russia is one of the big winners from the renewed conflict in the Middle East. Not even the possible loss of yet another geopolitical ally can outweigh the list of political and economic gains that could come Moscow’s way. Russia is seeing revenue from its energy sales rise and benefits from the United States and Europe having their attention elsewhere. For the first time in years Vladimir Putin has even been able to roll out his much-loved threats of a gas war.
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