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Sign InRussia has officially moved away from its neutral stance in the Middle East, declaring explicit support for Iran as regional tensions escalate. The Russian Ambassador to the UK confirmed that Moscow is not neutral in the current conflict, signaling a significant shift in the geopolitical landscape. In a diplomatic show of solidarity, President Vladimir Putin held a phone call with Iranian President Masoud Pezeshkian to offer condolences following the death of Supreme Leader Ali Khamenei. Intelligence reports suggest that Moscow may be providing Tehran with critical data to target US military assets and bases across the region. This deepening alliance aims to counter US influence and military operations in the Middle East, raising the stakes for global security. Market analysts warn that this direct involvement by a nuclear power could trigger a wider conflict, potentially driving up oil prices and safe-haven demand while pressuring global equities.