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Medvedev warns of economic collapse amid Iran conflict

Summary by BizToc
Russian Security Council Deputy Chairman Dmitry Medvedev warned that the conflict involving Iran is already having major economic consequences and said negotiations are needed to prevent further damag...
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The Russian leader calls for negotiations and links military escalation to the rise in oil and diesel prices, while the Iranian economy contracts and the powers mobilize reserves to contain the energy crisis.

Dmitry Medvedev, Deputy Chairman of the Russian Security Council, said the United States' attack on Iran has burdened American taxpayers. According to Medvedev, the situation should serve as a lesson to Washington that negotiations are better than displays of military force.

Deputy Sovbeza of the Russian Federation, Dmitri Medvedev, stated that the United States' confrontation with Iran had led to major changes in the world economy, the consequences of which were felt by the Americans themselves, and he expressed that view in an interview with the Islamic Republic of Iran, Gosteleradio.

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BizToc broke the news on Saturday, October 3, 2026.
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