top of page

Russia: Middle East conflict opens up new opportunities

Russian Prime Minister Mikhail Mishustin said on Tuesday that the conflict in the Middle East had opened up new opportunities for Russia, and that Moscow had the potential to swiftly increase global exports of energy, resources and food.

April 7, 2026

Vladimir Soldatkin/Reuters

Russia: Middle East conflict opens up new opportunities

An excavator removes the rubble in the aftermath of Sunday's Israeli strike, amid escalating hostilities between Israel and Hezbollah, as the U.S.-Israel conflict with Iran continues, in the Jnah area in Beirut, Lebanon, April 7, 2026.

Raghed Waked/Reuters

MOSCOW - Russian Prime Minister Mikhail Mishustin said on Tuesday that the conflict in the Middle East had opened up new opportunities for Russia, and that Moscow had the potential to swiftly increase global exports of energy, resources and food.


At the same time, protecting the domestic market remains Russia's main priority, Mishustin said, adding that Russia's budget revenues are increasing due to the rise in global oil prices.


-Reporting by Vladimir Soldatkin; editing by Guy Faulconbridge/Reuters

TOP BUSINESS STORIES

PH seeks higher-value electronics investments as exports grow

PH seeks higher-value electronics investments as exports grow

How El Niño could drive up mortgage and grocery costs

How El Niño could drive up mortgage and grocery costs

Senator Aquino asks BIR to suspend online sellers' registration badge requirement

Senator Aquino asks BIR to suspend online sellers' registration badge requirement

LATEST NEWS

Pope Leo urges end to Yemen violence, in address two weeks after surgery

Pope Leo urges end to Yemen violence, in address two weeks after surgery

Portuguese police arrest 25 in clearing of Lisbon protest camp

Portuguese police arrest 25 in clearing of Lisbon protest camp

Jordan's king orders 'iron fist' response to deadly church shooting

Jordan's king orders 'iron fist' response to deadly church shooting

bottom of page