The conflict in Iran may give Moscow a short-term boost economically and in Ukraine. But it has also shown the limits of Russia’s partnerships.

MOSCOW, March 6 (Reuters) - The city of Moscow, Russia's wealthiest federal unit, will cut its large investment programme for the first time since the COVID-19 pandemic, a sign of deteriorating regional finances in the fifth year of the conflict in Ukraine.

The U.S. Treasury Department's decision to allow India to buy Russian oil for 30 days underscores a boost for Moscow's fortunes against the backdrop of the Iran war as Russia’s oil exports help Kremlin pay for its own war on Ukraine.

Moscow has responded to the conflict in Iran with sharp diplomatic condemnation but no military intervention, reflecting both Vladimir Putin's diminished international influence and his wait-and-see strategy.

Russian Foreign Minister Sergei Lavrov accused Ukraine of trying to "disrupt the negotiation process" searching for an end to the war.

As Pres. Trump calls for Iranian leaders to surrender, FOX News confirms that Iran is getting assistance from Russia.

Indian refiners are ‌seeking a legal opinion on how they can purchase sanctioned Russian oil after Washington granted New Delhi a waiver to buy crude stranded at sea to ease pressure on global markets,

The US treasury secretary, Scott Bessent, says he will grant India a 30-day waiver to buy sanctioned oil from Russia to help ease supply concerns in the global market. It comes as the Qatari energy minister warns that all energy producers in the Gulf region could shut down exports within weeks.