Steve Rosenberg: Russia seeks diplomatic and economic gains from Iran war

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Amidst escalating tensions between the US, Israel, and Iran, Russia, led by President Vladimir Putin, is positioning itself as a potential mediator. Putin has engaged in telephone conversations with both the Iranian and US presidents, advocating for a swift de-escalation and political resolution. Russia aims to enhance its influence in the Gulf and Middle East, deepen its relationship with Washington, and maintain beneficial ties with the Trump administration. Furthermore, the conflict and subsequent rise in global oil prices offer economic advantages to Russia, boosting government revenues and aiding in funding its ongoing war in Ukraine. While calling for de-escalation, Russia seeks to capitalize diplomatically and economically from the situation.
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