The Iran war has been an economic gift for Putin
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The US-Israeli war on Iran has boosted Russia's economy due to surging oil prices, increasing Russia's ability to sustain the war against Ukraine. This windfall has given President Putin increased leverage through his influence on global energy markets, potentially encouraging the US to push for a peace deal favoring Moscow.
The US-Israeli war on Iran has caused an energy crisis, with oil and gas prices soaring after Iran closed the Strait of Hormuz. Russia's budget and export revenues have increased due to the surge in oil prices. The US had temporarily eased sanctions on Russian oil, further boosting Russia's economy. This comes at a time when Western sanctions were hitting Russia's economy. The increased revenue will likely help Russia sustain its war against Ukraine. President Putin has gained leverage through his influence on global energy markets.
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