The war in the Middle East and resulting restrictions on hydrocarbon supplies through the Strait of Hormuz appear to be working in Russia’s favor. If major Middle Eastern producers can no longer ship their oil and natural gas supplies outside the region, Russia could be in a position to regain some of its lost market […]
Russia’s Limited Gains From the Middle East War
Sanctions and the risk of instability in its southern periphery likely outweigh the potential benefits.
