Iran war could weaken Ukraine's hand as Russia plans new offensives

With U.S.-brokered Ukraine peace talks on hold due to the war in the Middle East, Russian President Vladimir Putin is expected to try to expand his military gains via new offensives against his southern neighbor that will put even more pressure on Kyiv. Windfall revenues from surging global oil prices are filling Moscow’s war coffers and U.S. air defense assets are being drained quickly by Iranian attacks across the Gulf, leaving little available for Ukraine in the fifth year of Russia’s full-scale invasion. Ukraine’s European allies have promised to maintain their steadfast support, but bickering over a major 90 billion euro ($106 billion) European Union loan to cover Kyiv’s military and economic needs for two years has reflected the mounting challenges.