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Lavrov backs Tehran, but does Russia also gain from the US-Iran crisis?

Lavrov backs Tehran, but does Russia also gain from the US-Iran crisis?

Summary

Russia’s Foreign Minister Sergey Lavrov visited Tehran to strengthen ties with Iran amid the ongoing US-Iran conflict. Russia benefits from higher oil prices caused by the crisis and supports Iran politically without directly joining the fighting.

Key Facts

  • Lavrov met Iranian leaders in Tehran to reinforce their partnership during the US-Iran war.
  • Iran and Russia signed a 20-year strategic partnership treaty in January 2025 without a military alliance.
  • Iran has provided Russia with drone technology, and Russia possibly received ballistic missiles from Iran.
  • The US and Israel launched attacks on Iran starting February 28, leading to rising oil prices.
  • The closure of the Strait of Hormuz by Iran caused Brent crude oil prices to rise above $109 per barrel.
  • Higher oil prices increased Russia’s oil tax revenue to about $9 billion by April.
  • Russia has not openly fought against the US or Israel but condemned their actions and may have shared intelligence with Iran.
  • Gulf countries asked Russia to use its influence in Tehran to restart safe shipping through the Strait of Hormuz.
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