By RT The escalating conflict in the Middle East could send the commodity skyrocketing – Foreign Minister Escalating tensions in the Middle East and a potential closure of the Strait of Hormuz could drive oil prices up to $300 per barrel, Iraqi Foreign Minister Fuad Hussein warned during a phone conversation with German Foreign Minister […]
Russia has maintained a delicate balancing act in the Middle East for decades, trying to navigate its warm relations with Israel even as it has developed strong economic and military ties with Iran. Source:: https://www.ndtv.com/world-news/will-russia-emerge-as-a-power-broker-to-end-israel-iran-confrontation-8672986#publisher=newsstand
By RT Lithuania’s Gitanas Nauseda says Moscow stands to benefit from rising oil prices The outbreak of open hostilities between Israel and Iran could benefit Russia by pushing up global oil prices and drawing international attention away from Ukraine, Lithuanian President Gitanas Nauseda has claimed. Speaking to reporters at the parliament building in Vilnius on […]