'Only one winner in this war': How the war on Iran is bankrolling the war on Ukraine episode artwork

EPISODE · Mar 13, 2026 · 7 MIN

'Only one winner in this war': How the war on Iran is bankrolling the war on Ukraine

from SBS News In Depth

New data shows that Russia's oil export earnings have soared since the US-Israeli war in Iran broke out, sparking fears that Russia will use this war to finance its own in Ukraine. As the United States lifts sanctions and Europe considers more flexibility, Russia says the world is coming to understand the importance of its resources.

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'Only one winner in this war': How the war on Iran is bankrolling the war on Ukraine

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