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The Independent UK
The Independent UK
National
Samya Kullab

Zelenskyy warns oil price surge could help Russia's war effort

Volodymyr Zelenksyy Oil Russia United States Ukraine Iran Israel United Kingdom Donald Trump Istanbul
Russia Ukraine War - (Copyright 2025 The Associated Press. All rights reserved)

A sharp rise in global oil prices following Israeli strikes on Iran will benefit Russia and bolster its military capabilities in the war in Ukraine, Ukrainian President Volodymyr Zelenskyy said Friday in comments that were under embargo until Saturday afternoon.

Speaking to journalists in Kyiv, Zelenskyy said the surge in oil prices threatens Ukraine’s position on the battlefield, especially because Western allies have not enforced effective price caps on Russian oil exports.

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