Webinar Recording

Profiting from chaos? Russia’s energy windfall from a fragmented Middle East

Experts assess how conflict in the Middle East is reshaping energy markets, driving Russia’s gains, and undermining the impact of Western sanctions.

21 April 2026 — 14:00 TO 15:00 BST

Online

— Experts assess how conflict in the Middle East is reshaping energy markets, driving Russia’s gains, and undermining the impact of Western sanctions.

The US-Israeli war against Iran has triggered a global pandemonium on energy markets, disrupted key strategic supply chains and reshuffled the cards of the global geopolitical game. 

Russia thus far clearly emerges as one of the biggest benefiters from the chaos in the Gulf, and is seeing a significant – yet temporary for now – financial reversal of fortune. 

Just when the synced US–EU sanctions on Russian oil were starting to bear fruit, the sudden strain on global energy markets has bolstered Russia’s geostrategic position as a resilient and indispensable energy supplier, able to ease pressure on global energy prices.

Speakers

Event chaired by Grégoire Roos.

Grégoire Roos

Director, Europe and Russia and Eurasia Programmes

Timothy Ash

Associate Fellow, Russia and Eurasia Programme

Timothy Ash

Dr Vladislav Inozemtsev

Associate Fellow, Russia and Eurasia Programme

Tatiana Mitrova

Director, Energy Center, SKOLKOVO Business School and Head of Research, Energy Research Institute of the Russian Academy of Sciences (ERI RAS)

Elina Ribakova

Director of the International Affairs Program and Vice President for foreign policy, Kyiv School of Economics

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