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Putin Backs Off: Russia Too Broke to Help Iran Amid Crippling Ukraine War Costs
Iran pleaded for help after U.S. strikes, but Moscow responded with silence. President Vladimir Putin, caught between a collapsing economy and a grinding war in Ukraine, simply cannot afford another confrontation — especially not one that could anger Washington. 🔹 Iranian diplomats arrived in Moscow seeking support following U.S. strikes on its nuclear facilities. Hoping for military or at least political backing, they were met with a cold reception. Russia offered no assistance, no promises — not even strong condemnation of the U.S. or Israel. Instead, the Kremlin called for a “peaceful resolution.” 🔹 Putin is avoiding any move that might upset Trump, now back in the White House, who has warned that Russian support for Iran could trigger new sanctions. And the Kremlin knows full well that further sanctions could be devastating for Russia’s fragile economy.
Kremlin's Harsh Reality: Nothing Left to Give The war in Ukraine has drained Russia’s military stockpiles and treasury. Despite official figures showing 4.3% GDP growth in 2024, the gains are driven almost entirely by defense spending. Inflation remains high, interest rates have soared to 20%, and companies are struggling to hire workers. Even Russia’s own economy minister recently admitted the country is “on the brink” of recession. So despite Iran’s loyalty — having supplied drones and weapons for Russia’s war — Putin has nothing to offer. As analyst Holger Schmieding put it: “He might provide some words, but that’s all. He needs his weapons for his own war.”
Billions at Risk as Russia Stays Silent Russia was preparing to invest $8 billion in Iran’s oil and gas sector in 2024 alone. Just days before the U.S. strikes, Iran’s ambassador in Moscow said Russia had become Iran’s biggest foreign investor. But if Iran collapses under pressure, Russia could lose not only money but all regional influence. On one hand, the Kremlin hopes the Middle East conflict will distract the West from Ukraine and boost oil prices — bringing more cash into Russian coffers. On the other hand, a destabilized Iran could mean the end of Russian ambitions in the region.
Walking a Diplomatic Tightrope As Iran begs and the U.S. attacks, Putin hesitates. The costs of war are bleeding Russia dry. The economy is holding on by a thread. And Trump’s looming threats keep Putin in check. Right now, Moscow simply can’t afford to fight on two fronts — and Iran is left without a lifeline.
#russia , #iran , #putin , #TRUMP , #Geopolitics
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