Kremlin Warns Mideast Conflict Economic Impact
Analysis based on 6 articles · First reported Mar 29, 2026 · Last updated Mar 30, 2026
The Kremlin's warning about the devastating and long-term economic consequences of the Middle East conflict could lead to increased market volatility and investor caution, particularly in energy and commodity markets. Russia's stance on the Board of Peace and its diplomatic engagements with the United States also signal ongoing geopolitical tensions that could influence global trade and investment flows.
Kremlin spokesman Dmitry Peskov warned that the US-Israeli aggression in the Middle East is causing devastating and long-term consequences for the global economy and regional geopolitics. Russia has not yet decided on joining the Board of Peace, established by Donald Trump, viewing its concept as less relevant given the United States' actions. The Board of Peace was created in January by 19 countries to manage the Gaza Strip, but the United States is promoting its use for broader conflict resolution. Separately, Peskov commented on a 'useful' visit by Russian lawmakers to the United States, invited by US Congresswoman Anna Paulina Luna, expressing hope for continued and more substantive contacts between Russian and US parliamentarians.
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