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

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

Two calls between Russian and Iranian leaders have taken place within a week. As the US and Israel intensify their attacks on Iran, Russian President Vladimir Putin is casting himself as a global mediator. Yet, this image faces scrutiny, given the Kremlin’s role in launching a full-scale invasion of Ukraine in 2022—a move that drew sharp criticism from the UN General Assembly. Despite this, Putin has called for “swift de-escalation and political resolution” of the Iran conflict, while maintaining his war against Ukraine. Moscow’s relationship with Tehran is formalized through a “Comprehensive Strategic Partnership” agreement, which Putin recently reaffirmed, pledging “unwavering support” for Iran. However, this partnership does not equate to a mutual defense pact.

Russia’s mediation efforts aim to enhance its standing in the Gulf and Middle East. The Kremlin sees these talks as a way to showcase its influence, while also improving ties with Washington. Relations with the Trump administration are viewed as advantageous for Moscow’s ongoing war in Ukraine. This explains Putin’s measured approach toward Trump’s role in the Iran conflict, avoiding public criticism of the US leader. After their Monday conversation, Trump remarked, “Putin wants to be helpful.” He added, “I said, ‘You could be more helpful by getting the Ukraine-Russia war over with. That would be more helpful.'”

The Iran war also offers economic advantages for Russia. Recent oil price surges have significantly bolstered Moscow’s revenues. With global crude prices climbing to nearly $120 a barrel—far exceeding the $59 benchmark of the federal budget—Russia stands to gain financially from sustained high prices. This, in turn, supports continued funding for its war efforts. Trump’s suggestion to waive oil-related sanctions on certain nations further highlights this dynamic, as eased restrictions could bring even greater financial benefits to Russia. Ukraine’s President Volodymyr Zelensky warned this would be a “serious blow” to Kyiv, urging Trump to reconsider.

While the Kremlin maintains a diplomatic stance, some Russian outlets have criticized Trump. The pro-Kremlin

“Expensive oil is a reason [for the West] to cancel sanctions,”

declared the headline of Komsomolskaya Pravda. Another publication, Moskovsky Komsomolets, mocked the “peace president” with the line,

“The Emperor has no clothes. Or rather, no sanity.”

These remarks reflect a growing divide between the Kremlin’s strategic interests and the views of domestic media.