Kremlin says US strikes on Iran have increased the number of participants in the conflict ...Middle East

Kremlin says Putin spoke to Prime Minister of IraqSays Putin will receive Iranian Foreign Minister later todaySays subject of Putin's talks with Iranian Foreign Minister is 'absolutely clear'Says US strikes on Iran have increased the number of participants in the conflict and ushered in a new spiral of escalationSays Russia deeply regrets and condemns the US strikesSays fate of Iran's nuclear facilities after US strikes and the radiation situation remains to be determinedSays the situation of the ground in Iran after the strikes cannot but be a cause of concernSays communication channels with US remain open and Trump-Putin call can be quickly organised if necessary.Says there are no plans for Trump-Putin call for now.

Russia is an ally of Iran. Iran helped Russia in the Ukraine war by supplying drones. Russia is also in good relations with Israel though, so despite the strong condemnation, the topic will likely be de-escalation. That's also what the markets continue to bet on.

This article was written by Giuseppe Dellamotta at www.forexlive.com.

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