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Global Business News

The Economic Times

Global Business / The Economic Times

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Russia sole 'winner' in Iran war, says EU's Costa

Russia emerges as the sole victor in the Iran war. European Council President Antonio Costa stated Moscow profits from surging energy prices. Military focus shifting to the Middle East also aids Russia. This conflict disrupts global energy and transport. Ukraine needs air defense systems, but equipment is scarce.

11 Mar 2026 12:45 am