Council on Foreign Relations Highlights Russia's Oil Gains Amid Iran Conflict
Edward Fishman, Director of the Center for Geoeconomics at the Council on Foreign Relations, has discussed the economic implications of the ongoing conflict in Iran, particularly how it benefits Russian oil interests. The war in Iran has led to increased oil prices, which in turn have bolstered Russia's oil revenues. Fishman also noted that this situation could potentially prolong the conflict in Ukraine, as Russia's strengthened economic position might embolden its geopolitical strategies. Additionally, Fishman touched upon the impact of the Iran war on President Trump's tariff policies, suggesting that the global economic instability could influence U.S. trade decisions. The discussion also raised concerns about the possibility of a broader global conflict, given the current geopolitical tensions. 
