Finance

Kremlin says the whole Middle East is 'on fire'

Published by Global Banking & Finance Review

Posted on April 6, 2026

2 min read

· Last updated: April 7, 2026

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Kremlin says the whole Middle East is 'on fire'
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MOSCOW, April 6 (Reuters) - The Kremlin on Monday said that the Iran war was escalating in both geography and economic impact, and that the whole Middle East region was "on fire" due to the U.S. and

Kremlin Warns Middle East Crisis Escalates with Global Economic Risks

Escalation of Conflict and Economic Impact

Geopolitical Tensions Rise in the Middle East

MOSCOW, April 6 (Reuters) - The Kremlin on Monday said that the Iran war was escalating in both geography and economic impact, and that the whole Middle East region was "on fire" due to the U.S. and Israeli attacks on the Islamic Republic.

U.S. Response and Threats

U.S. President Donald Trump, in an expletive-laden Easter Sunday social media post, threatened to target Iran's power plants and bridges on Tuesday if the Strait of Hormuz is not reopened.

Kremlin's Reaction to U.S. Statements

When asked by Reuters about Trump's remarks, Kremlin spokesman Dmitry Peskov told reporters that Russia had seen them but that the Kremlin preferred not to comment directly.

"We note that the level of tension in the region is growing and continues to grow," Peskov said. "In fact, the entire region is on fire. These are all very dangerous and negative consequences of the aggression that was unleashed against Iran."

Global Economic Risks

"The geography of this conflict has expanded, and now we are all aware of the consequences that we have, including very, very negative consequences for the global economy."

(Reporting by Dmitry Antonov, Writing by Felix Light, Editing by Gleb Bryanski/Guy Faulconbridge)

Key Takeaways

  • The Kremlin described the entire Middle East as “on fire,” noting the widening geography and economic damage from the Iran war.
  • U.S. President Trump’s social‑media ultimatum — threatening Iran’s power plants and bridges if the Strait of Hormuz remains closed — has intensified tensions and risks disrupting critical oil transit routes.
  • Global markets face mounting energy shocks: supply chain disruptions, inflation risks, and rising oil and gas prices, benefiting some players like Russia while hurting industries worldwide.

Frequently Asked Questions

What did the Kremlin say about the Middle East situation?
The Kremlin said the entire Middle East is 'on fire' due to escalating conflict, primarily because of US and Israeli attacks on Iran.
How is the Iran conflict impacting the economy?
According to the Kremlin, the conflict has very negative consequences for the global economy, with risks spreading internationally.
What actions has the US threatened against Iran?
US President Donald Trump threatened to target Iran's power plants and bridges if the Strait of Hormuz is not reopened.
How did the Kremlin respond to President Trump's remarks?
The Kremlin acknowledged the remarks but preferred not to comment directly on them.

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