Could Ukraine benefit from the Iran US war? #infopod #warreports
Good morning. You’re listening to the War Update InfoPod — a clear look at what has changed overnight, and what it might mean. Today’s question is an unusual one: could Ukraine benefit from the Iran war? At first glance, the two conflicts appear completely separate. One is centred in Eastern Europe, the other in the Middle East. But in the modern global economy and security system, wars rarely stay isolated. They ripple outward. The first effect comes from energy markets . If the conflict threatens shipping through the Strait of Hormuz , oil prices tend to rise quickly. That can have a paradoxical impact on the war in Ukraine. Higher oil prices bring more revenue to Russia , because energy exports remain a major source of funding for the Russian state. In other words, a Middle Eastern war that pushes up oil prices could actually increase Russia’s ability to finance its military campaign. But there is another side to the story. After more than a decade fighting Russia — an...