Kremlin says US strikes on Iran have increased the number of participants in the conflict

• Kremlin says Putin spoke to Prime Minister of Iraq
• Says Putin will receive Iranian Foreign Minister later today
• Says subject of Putin’s talks with Iranian Foreign Minister is ‘absolutely clear’
• Says US strikes on Iran have increased the number of participants in the conflict and ushered in a new spiral of escalation
• Says Russia deeply regrets and condemns the US strikes
• Says fate of Iran’s nuclear facilities after US strikes and the radiation situation remains to be determined
• Says the situation of the ground in Iran after the strikes cannot but be a cause of concern
• Says communication channels with US remain open and Trump-Putin call can be quickly organised if necessary
• Says there are no plans for Trump-Putin call for now
• Says it was not ‘informed in detail’ by US in advance of US strikes on Iran

Russia is an ally of Iran. Iran helped Russia in the Ukraine war by supplying drones. Russia is also in good relations with Israel though, so despite the strong condemnation, the topic will likely be de-escalation. That’s also what the markets continue to bet on.

This article was written by Giuseppe Dellamotta at www.forexlive.com.