Kathrine Frich
A senior Russian lawmaker has suggested that escalating tensions between the United States and Iran could offer Moscow an economic advantage.
The comments come amid rising instability in the Middle East following military action by the US and Israel.
Short-term gains
Anatoly Wasserman, a State Duma deputy and ally of President Vladimir Putin, told Russian media that a conflict between Washington and Tehran could temporarily work in Russia’s favor.
“In the short term, I think the consequences for us will be positive,” Wasserman said.
“It’s clear that this conflict will cause oil prices to rise.”
In remarks to the Russian outlet MK, he added: “While oil now accounts for only about one-eighth of our export revenue, its sales still generate significant income.”
Long-term risks
Despite pointing to potential economic benefits, Wasserman cautioned that the broader geopolitical situation could become more complicated.
“Iran is to some extent part of the BRICS group. Not fully, but it does participate in many of the group’s consultations.”
“This could damage the reputation of the entire group. Even though BRICS is not directly involved in military matters, the major powers within the group are expected to show some strength.”
BRICS, originally formed by Brazil, Russia, India and China and later expanded to include South Africa and several new members in recent years, presents itself as an alternative platform to Western-led institutions.
Uncertain outlook
Wasserman said it remains difficult to predict how events will unfold and warned that the United States and Israel could face serious challenges if hostilities continue for an extended period.
“For a while, the fighting will continue,” he said. “But I don’t know how long their missile stockpiles in the region will last.”
He added: “According to various estimates, the US and Israel may have stockpiled around a thousand long-range missiles capable of reaching Iran. They also reportedly have a couple of thousand anti-aircraft missiles to intercept return fire.
“But if they use all of these up and Iran holds out, then they will face very big problems.”
The remarks reflect ongoing debate within Russia over how developments in the Middle East could reshape global energy markets and alliances.
Sources: Russian media outlet MK, Daily Star.
