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Is Russia's Economy Cracking Despite Its Iran War Energy Windfall?

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Al Jazeera English  verified-tag

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Aug 15, 2026

Russia's economy is under growing pressure despite higher oil and gas revenues tied to the Iran war, as examined in this episode of Counting the Cost. While energy windfalls have bolstered government income, rising military spending, runaway inflation, acute labour shortages, tightening sanctions, and weakening consumer confidence are exposing deeper structural cracks. The episode unpacks how Moscow is managing its public finances, what elevated energy prices truly mean for long-term fiscal stability, and whether the apparent cushion from oil revenues is enough to offset mounting economic strain. It also analyses the wider ripple effects of the war on global energy markets and what Russia's economic trajectory could look like in the months and years ahead. #RussianEconomy #CountingTheCost #IranWar #EnergySanctions #GlobalEconomy #Lykstage #LykstageVideo #LykstageCreator #LykstageCommunity

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