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Iran aims to supply Russia with ballistic missiles to fight Ukraine, sources tell Bloomberg

Iran's missile arsenal. (Graphic by Center for Strategic & International Studies, CSIS)

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European officials expect Iran to deliver ballistic missiles to Russia soon, potentially escalating the war in Ukraine, Bloomberg reported, citing unnamed sources.

The missiles pose a greater threat than previously supplied Iranian drones due to their higher speed and payload capacity, according to the report. While the exact details remain undisclosed, shipments could begin within days, the news agency said.

Although Iran has provided Russia with hundreds of drones during its invasion of Ukraine, a new transfer of ballistic missiles is likely to draw additional sxanctions from Western nations.

The transfer would come at a time when Ukrainian forces have advanced into Russia's Kursk region, changing the dynamics of the war, at least temporarily, while Russian forces advance in past of eastern Ukraine.

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URN Daily: Ukraine seeks delay in EU carbon border tax. Riley Risk urges contingency planning for clients in east as fighting intensifies.

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Today's Contents Reporter's Notepad: * Riley Risk recommends companies in east prepare contingency plans amid heavy fighting, possible Ukrainian territory loss Just The Facts: * Ukraine to ask EU to delay introducing carbon border tax, trade envoy says * Ukraine's finance minister discusses reconstruction opportunities with Canadian

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May 22 Intelligence Summary: Riley Risks recommends clients in east Ukraine accelerate contingency planning

May 22 Intelligence Summary: Riley Risks recommends clients in east Ukraine accelerate contingency planning

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