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Winners and Losers: Russia, China, and Europe Respond to the Iran War
Mon, March 30th, 2026
10:15 AM - 11:00 AM (EDT)
Live Online
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Nearly one month into the U.S. and Israeli war against Iran, it may be too early to predict conclusive winners and losers. Clearly the global economy, the Gulf states, and civilians caught up in conflict are not faring well. But what of other key players? How are Russia and China, two of Iran’s closet allies, faring in the balance sheet as the war drags on? Why haven’t they played a more assertive role in coming to Tehran’s defense? And what of Europe, especially France, Germany, and Britain, who appeared blindsided by President Trump’s self-described “excursion" and are now under pressure to support the United States’ war aims? Who’s gaining and who’s losing?
Join Aaron David Miller as he engages Carnegie’s Rosa Balfour, Evan Feigenbaum, and Alexander Gabuev to unpack how these major powers are relating to the current conflict and how the Trump administration is responding to them, on the next Carnegie Connects.
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
Event Speakers
Aaron David Miller
Senior Fellow, American Statecraft Program
Aaron David Miller is a senior fellow at the Carnegie Endowment for International Peace, focusing on U.S. foreign policy.
Rosa Balfour
Director, Carnegie Europe
Rosa Balfour is the director of Carnegie Europe. Her fields of expertise include European politics, institutions, and foreign and security policy.
Evan A. Feigenbaum
Vice President for Studies
Evan A. Feigenbaum is vice president for studies at the Carnegie Endowment for International Peace, where he oversees work at its offices in Washington, New Delhi, and Singapore on a dynamic region encompassing both East Asia and South Asia. He served twice as Deputy Assistant Secretary of State and advised two Secretaries of State and a former Treasury Secretary on Asia.
Alexander Gabuev
Director, Carnegie Russia Eurasia Center
Alexander Gabuev is director of the Carnegie Russia Eurasia Center. Gabuev’s research is focused on Russian foreign policy with particular focus on the impact of the war in Ukraine and the Sino-Russia relationship. Since joining Carnegie in 2015, Gabuev has contributed commentary and analysis to a wide range of publications, including the Financial Times, the New York Times, the Wall Street Journal, and the Economist.