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.

Event date and time: 21 April 2026 — 14:00 TO 15:00 BST

Event location: Online

Event video

— 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.

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