The Iran war and the consequent global surge in energy prices is having a ripple effect on the war in Ukraine.
US President Donald Trump threatened to withdraw aid for Kyiv unless European allies helped reopen the Strait of Hormuz, the Financial Times said; the move led some nations to offer “appropriate efforts.” The Kremlin is reportedly backing Tehran with satellite targeting, and Ukrainian President Volodymyr Zelenskyy said that a long Gulf war benefits Russia, as rising energy prices replenish Moscow’s coffers.
On the other hand, Ukrainian attacks on Russian oil infrastructure have severely limited Moscow’s exports, further raising global prices. Zelenskyy offered a pause in attacks on facilities and an Easter ceasefire; Russia launched 172 drones on Ukraine overnight.
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