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Podcast Episode

Winners and Losers: Russia, China, and Europe Respond to the Iran War

Join Aaron David Miller as he engages Carnegie’s Rosa Balfour, Evan Feigenbaum, and Alexander Gabuev to unpack how Russia, China, and Europe are relating to the U.S. and Israeli war against Iran, and how the Trump administration is responding to them, on Carnegie Connects.

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By Aaron David Miller, Evan A. Feigenbaum, Rosa Balfour, Alexander Gabuev
Published on Apr 16, 2026

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American Statecraft

The American Statecraft Program develops and advances ideas for a more disciplined U.S. foreign policy aligned with American values and cognizant of the limits of American power in a more competitive world.

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Seven weeks into the U.S. and Israeli war against Iran, and with an uneasy ceasefire in place, 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 Carnegie Connects.

Hosted by

Aaron David Miller
Senior Fellow, American Statecraft Program
Aaron David Miller

Featuring

Evan A. Feigenbaum
Vice President for Studies
Evan A. Feigenbaum
Rosa Balfour
Director, Carnegie Europe
Rosa Balfour
Alexander Gabuev
Director, Carnegie Russia Eurasia Center
Alexander Gabuev

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.

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