Oil prices are soaring, and America’s attention and its military resources have shifted decisively to the Middle East.
Russian President Vladimir Putin may have lost another Kremlin-friendly leader, but the Iran war could prove a long-term boon for his country, whose economy is dependent on energy exports.
“So far, there is only one winner in this war — Russia,” European Council President António Costa said Tuesday as he addressed ambassadors in Brussels on the conflict in the Middle East.
“It gains new resources to finance its war against Ukraine as energy prices rise,” Costa said. “It profits from the diversion of military capabilities that could otherwise have been sent to support Ukraine. And it benefits from reduced attention to the Ukrainian front as the conflict in the Middle East takes center stage.”
While oil prices have come down since hitting a high on Sunday not seen since Russia’s invasion of Ukraine, they remained
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