China and Russia, the influential powers in the SCO, have abandoned their reservations in their relations with Iran in recent years and established a more comprehensive relationship.

Although the Rushdie issue and the Mykonos assassinations created a crisis between Iran and Europe in the past, Europe has chosen diplomacy, and it has a similar tendency today to save the Nuclear Deal.

While NATO’s new Strategic Concept is marginalizing Russia and Iran, these two countries have participated in the Caspian Summit in order to turn their geopolitical position to an advantage against the pressure.

The tradition of the elected governments not completed five-year tenure continued with the removal of Imran Khan from the office of PM before the end of his term.

Since the outbreak of the Russia-Ukraine War, Iran has come into prominence as one of the states that supports Russia through its discourse and votes in the UN.

Iran has been using the swap mechanism in order to continue its oil trade in recent months.

Additional supplies from alternative countries like Iran, as well as the length of time required for Russian oil replacement, will be the factor reducing uncertainty upon the oil market.