Following recent US strikes on Iranian nuclear facilities, Iran has turned to Russia for assistance, but the Kremlin is hesitant to offer support.
Iran Seeks Help from Moscow
Iranian Foreign Minister Abbas Araghchi arrived in Moscow for 'serious consultations' with Vladimir Putin after the attacks, described by US President Donald Trump as 'obliteration'.
Moscow Remains Silent
Russia's approach has been minimal, offering no military support and not condemning US actions, instead urging both sides to 'negotiate a peaceful end.' Economist Holger Schmieding noted that Putin has little to offer due to his own needs for weaponry in the Ukraine conflict.
Economic Risks for Russia
Russia's economic stakes in Iran are significant. In 2024, Russia was the largest foreign investor in Iran, and plans for investments in oil and gas projects may now be jeopardized due to instability in Iran.
Russia's economy faces severe challenges domestically and relies on external markets, but support for Iran remains uncertain due to internal constraints.
