- Iran agreed a secret €500 million arms deal in December with Russia to acquire thousands of advanced shoulder-fired missiles - FT.
- Iran agreed to a secret €500 million arms deal with Russia in December to acquire advanced shoulder-fired missiles, according to the Financial Times.
- This deal follows reports of Iran supplying Russia with billions of dollars worth of missiles and drones since 2021, aiding Russia's war in Ukraine.
- Estimates of the total value of Iranian arms supplied to Russia since 2021 range from $2.7 billion to $4 billion.
- The increased military collaboration between Iran and Russia is seen as a threat to regional stability.
Iran agreed a secret €500 million arms deal in December with Russia to acquire thousands of advanced shoulder-fired missiles - FT.
Feb 22, 2026, 4:04:14 PM UTC(7 hours ago)
Impact: MediumAffected Assets
Sources
From:@DeItaone
IRAN AGREED SECRET SHOULDER-FIRED MISSILE DEAL WITH RUSSIA - FT
IRAN AGREED A SECRET €500MN ARMS DEAL IN DECEMBER WITH RUSSIA TO ACQUIRE THOUSANDS OF ADVANCED SHOULDER-FIRED MISSILES- FT