Iran War Boosted Russia’s Oil Income, but Putin Has a Bigger Problem
Surging oil prices triggered by the war in Iran boosted Russia’s oil revenue, but money isn’t the Kremlin’s biggest problem right now. “Oil sales bring rubles. But rubles do not fight. They must be converted into weapons and soldiers that do,” wrote Nigel Gould-Davies, a senior fellow for Russia and Eurasia at the International Institute … Read more