Can Russia serve as an economic lifeline for Iran amid the Hormuz blockade?

With the Strait of Hormuz blockade squeezing Iran's economy, attention is turning to Russia as a potential lifeline. While trade has grown (reaching $4.8bn in 2024) through routes like the INSTC corridor, experts say it's modest compared to Iran's trade with China or the Gulf. The key issue: overland routes can't quickly replace 90% of Iran's maritime trade. Analysts are divided - some say Russia has little incentive to help significantly, while others argue supporting Iran benefits Moscow by keeping oil prices high and cementing anti-Western alliances. The logistical and cost challenges mean Russia offers only a partial, short-term solution at best. https://www.aljazeera.com/features/2026/4/29/can-russia-serve-as-an-economic-lifeline-for-iran-amid-the-hormuz-blockade