Event

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

This event hosted by UK think tank Chatham House assesses how conflict in the Middle East is reshaping energy markets and driving Russia’s gains.

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 Persian 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