Why Have China and Russia Just Stepped Out Of The Shadows In The U.S.-Iran War?
Trump's Iran Reversal Sends European Gas Prices Tumbling Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author.
He was Head of Forex Institutional Sales and Trading for… As with all wars, particularly in the world’s main oil and gas repository of the Middle East, the U.S./Israel-Iran conflict has long threatened to widen out to include other interested parties aside from the main protagonists.
The involvement of Washington’s and Tel Aviv’s allies so far has been limited to intelligence sharing and strictly defensive air support, rather than participating in offensive bombardments.
For Tehran and its proxies, support from its key longtime sponsors China and Russia has been largely focused on diplomatic cover and economic lifelines, together with some deniable hardware for the war being supplied to Iran by Russia and China, including microelectronics and materials required to manufacture missiles and drones.
All this helped keep the global oil markets under the ‘total panic point’ that might otherwise have been expected from such a conflict.
However, dangerous new developments indicate that this covert war involving Russia and China might be stepping out of the shadows and into plain sight.
intelligence reports now indicate that Moscow is actively providing real-time satellite feeds and intelligence tracking on U.S.
This data on American warships and aircraft movements has enabled Iran to conduct far more precise retaliatory missile strikes.
Moscow has also integrated its GLONASS satellite navigation system into Iranian drones, according to the same sources, allowing Tehran’s long-range projectiles to bypass allied electronic jamming more effectively.
Widening out the loop even further, Iran’s newest drones and missiles also benefit from being able to track Chinese BeiDou-3 systems at the same time as Russia’s GLONASS.
By merging Russia’s Ukraine-era upgrades with China’s tech, standard Western jamming systems cannot block both at once, as each system operates on entirely different radio frequencies.
This gives the new drones that Iran is using against the U.S.
| Product | Price | Change |
|---|---|---|
| Brent Crude | $102.14/bbl | +0.34% |
| WTI Crude | $96.90/bbl | +0.21% |
| EN590 Diesel | $846/MT | +0.18% |
| Jet Fuel A-1 | $1090/MT | +0.55% |
| Mazut M100 | $450/MT | -0.15% |
| Bitumen 60/70 | $470/MT | +0.08% |
| Sulphur Gran 99.5% | $470/MT | -0.44% |
| Urea 46% Gran | $650/MT | +1.12% |
| NPK 16-16-16 | $460/MT | -0.28% |
| Nat Gas TTF | $15.42/MMBtu | +0.92% |
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