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Zelenskiy heads to France as Iran war distracts from Ukraine

Published by Global Banking & Finance Review

Posted on March 13, 2026

3 min read

· Last updated: April 1, 2026

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Zelenskiy heads to France as Iran war distracts from Ukraine
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By John Irish PARIS, March 13 (Reuters) - Ukrainian President Volodymyr Zelenskiy will seek reassurances of support from one of Kyiv’s key Western allies on Friday, arriving in Paris at a time when

Zelenskiy says Russia oil waiver won't help end war

By John Irish and Gianluca Lo Nostro

Impact of U.S. Sanctions Waiver on Russia and Ukraine

PARIS, March 13 (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Friday that a U.S. decision to ease sanctions on Russian oil was not helping to end the conflict in Ukraine as he sought reassurances of support in Paris amid the war in the Middle East.  

Oil Prices and Global Attention Shift

Oil prices have surged since the U.S. and Israel launched strikes on Iran, indirectly benefiting Russia, and Kyiv is concerned that the war is diverting attention from Ukraine.

Zelenskiy's Remarks in Paris

"There is nothing good for Ukraine in the war in the Middle East. It's understandable that the attention of the world is moving to Middle East," he told students at the Sciences Po university in Paris.

Details of the U.S. Sanctions Waiver

The U.S. said on Thursday it would temporarily waive sanctions on Russian oil at sea.

Financial and Military Implications for Ukraine

Potential Funding for Russia

"This single easing by the U.S. could provide Russia with around $10 billion for the war. It certainly does not help (to achieve) peace," Zelenskiy told a joint news conference with French President Emmanuel Macron.

Concerns Over Weapons Supply

The Iran conflict has also raised questions about the immediate supply of weapons – notably air defences – from Western partners to Ukraine, as Gulf Arab states draw down their own air-defence stocks to repel daily attacks from Tehran.

Shortage of Air Defence Missiles

Zelenskiy said this will exacerbate Ukraine's acute shortage of air defence missiles. This week he said Gulf states had used more PAC‑3 Patriot air defence missiles against Iranian strikes in a few days than Kyiv had received from Washington over four years.

Zelenskiy has not specified the source of his figures.

European Union Support and Funding

The European Union has yet to agree on a proposed 90 billion euro loan that would, in part, provide Kyiv with funding to purchase weapons. Ukraine hopes the loan will be in place by mid‑April.  

International Response and Future Outlook

France's Position on Sanctions and Support

Macron said nothing would deter Europe from helping Ukraine, and he praised Kyiv's "remarkable tenacity and courage" in resisting Russia's assault.

The French leader said there was no justification to lift sanctions on Russia and that if Moscow thought the war in Iran would give it respite, then it was mistaken.

Without elaborating, Macron said weapons support to Ukraine would be stepped up.

Ukraine's Outreach to Gulf Arab States

Zelenskiy has sought to show Gulf Arab states – many of which maintain close ties with Moscow – that Ukraine can be a useful and reliable partner.

(Additional reporting by Juliia Dysa and Olena Harmas; Editing by Richard Lough, Gareth Jones, Alexandra Hudson)

Key Takeaways

  • Zelenskiy stresses unwavering Western support as Iran‑Israel‑US conflict shifts focus and depletes Gulf air‑defence stocks used against Iranian missiles, deepening Ukraine’s missile shortage (e.g., PAC‑3) (apnews.com).
  • Ukraine offers its low‑cost interceptor technology in exchange for PAC‑3 missiles from Gulf states, highlighting innovation leveraged for strategic diplomacy (apnews.com).
  • The EU has agreed a €90 billion loan for Ukraine (roughly two‑thirds for defence, one‑third for budget support), aiming for initial payments in early April, though Hungary’s opposition threatens delay (euronews.com).

References

Frequently Asked Questions

Why is Zelenskiy visiting France?
Zelenskiy is visiting France to seek reassurances of continued Western support for Ukraine as global attention is diverted by the war in the Middle East.
How has the Iran war impacted Ukraine?
The Iran war has drawn down Western air defence stocks and shifted focus away from Ukraine, making it harder for Kyiv to secure critical defence supplies.
What is the status of the EU loan to Ukraine?
The European Union has yet to agree on a 90 billion euro loan meant to help Ukraine purchase weapons, with hopes to have it in place by mid-April.
How is Ukraine addressing its air defence missile shortage?
Ukraine is offering drone interception technology to Gulf Arab states in exchange for air defence missiles and has sent experts to several Middle Eastern countries.
Why are oil prices relevant to the Ukraine conflict?
The Middle East conflict has caused oil prices to surge, providing Russia with increased revenue and further challenging Ukraine's financial situation.

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