Moscow saw oil and gas revenue double in April and was happy to see US resources diverted away from Ukraine. But an extended war could have carried serious costs for the Kremlin.
Rising oil prices will boost the Kremlin's coffers as costs over Ukraine mount, but a total defeat of Iran could lead to the deployment of radar stations in the north, near Russia's border
The conflict has forced Russia to scale back its global footprint and NATO to boost its defence spending. Meanwhile, China and Middle powers have emerged as key beneficiaries.
Unsustainable defence spending is causing problems beyond the industry itself. As the war in Ukraine rages on, growth has slowed sharply, and few good options remain, as recession and stagnation loom.
The Kremlin's economic indicators are causing unease, while smaller states in Russia's sphere of influence are eyeing opportunities to reduce their reliance on Moscow. What will the year ahead bring?
Sudan's army needs a Russian lifeline to avoid collapse in the ongoing civil war. The price is a naval facility in Port Sudan, giving Moscow access to the Red Sea.
In Part 1 of a two-part interview with Al Majalla, Syria's foreign minister explains how the Assad regime fell and how President Ahmed al-Sharaa went from a wanted man to a world leader
A two-week truce has sparked a cautious market rebound, but deep anxiety persists over renewed escalation and its impact on global growth and inflation
Sources tell Al Majalla that Iran was able to build a rapport with US Vice President JD Vance in Islamabad, but sensed his hands were tied in the presence of Trump's son-in-law and close friend
The first is on the border against Israel, which seeks to seize their land and drive them northwards; the second is within Lebanon itself, against a state that seeks to marginalise them