Iran sold $3 billion worth of missiles to Russia for aggression against Ukraine

Tetiana Bodnarenko
Tetiana Bodnarenko Journalist
Iran sold $3 billion worth of missiles to Russia for aggression against Ukraine
Iranian kamikaze drones (archive photo) Photo by Iranian Defence Ministry AFP
Iran has sold $2.7bn worth of military missiles to Russia to support the military operations in Ukraine, underscoring the deepening cooperation between Tehran and Moscow.

According to information published by Bloomberg, Iran has provided Russia with ballistic and anti-aircraft missiles, crucial for the campaigns in Ukraine, since the beginning of October 2021. The total value of the deals exceeds $2.7 billion. It is noted that the volume of Iranian arms supplies has continued to grow since the outbreak of the war in Ukraine, indicating close cooperation between the two countries

In addition to the short-range Fath-360 ballistic missiles, the deal also includes large quantities of other types of missiles and about 200 air defence systems. This reinforces Iran's role as an important arms supplier for Russia's military build-up.

The friendship between Iran and Russia emerged against the backdrop of a difficult international situation, especially after Russia's military actions in Ukraine, which led to significant sanctions from the West. According to experts, military cooperation is also deepening through the supply of ammunition and artillery shells

In turn, Iran is investing in technology, giving Russia the ability to produce Shahed-136 attack drones under the new name Geranium-2. This is part of a $1.75bn deal signed earlier this year. In total, since the end of 2021, Russia has spent more than $4 billion on the purchase of Iranian weapons, which indicates an exemplary level of cooperation between the two countries

Cooperation between Iran and Russia has been going on for more than a decade, which arose due to Western pressure and sanctions caused by Iran's nuclear programme. In January 2025, an agreement on strategic partnership was signed, but without practical aspects of mutual defence.

Although Russia has not provided significant military support to Iran during external threats, the two countries have been cooperating to develop trade routes and expand financial ties to counter sanctions

The Russian and Iranian Ministries of Defence and Foreign Affairs have not yet provided any comment on these events.

Photo illustrative of DW

Iran, Russia, drones, missiles, shahed, sanctions

Share tittle
Economy
All the electricity put up for sale was sold at the long-term auction
Economy

All the electricity put up for sale was sold at the long-term auction

Energoatom and Ukrhydroenergo have sold all the electricity volumes offered at the first special long-term auctions. In total, the state-owned companies sold 462,148 MWh, to be supplied between August and December 2026.

22.07.2026
The IMF has postponed the introduction of VAT for sole traders until 2028: what will change
Economy

The IMF has postponed the introduction of VAT for sole traders until 2028: what will change

The International Monetary Fund has agreed to postpone the introduction of value added tax (VAT) for sole traders operating under the simplified tax system. Instead of January 2027, the new rules are due to come into force on 1 January 2028.

22.07.2026
After the war, the military levy may be replaced by a reconstruction tax — the government is discussing the idea with the IMF
Economy

After the war, the military levy may be replaced by a reconstruction tax — the government is discussing the idea with the IMF

The Ukrainian government is considering replacing the current 5 per cent military levy with a special tax for post-war reconstruction. This option is included in the updated Memorandum of Cooperation between Ukraine and the International Monetary Fund.

22.07.2026
Court overturns 4 million fine following an inspection of ‘Tekhno Yizhak’
Economy

Court overturns 4 million fine following an inspection of ‘Tekhno Yizhak’

During a retrial, the Kharkiv District Administrative Court quashed a tax penalty of 4,038,423 hryvnias imposed on a business owner following an inspection of a shop in the centre of Odesa. The decision was based on irregularities in the way the inspection was arranged, rather than on a refutation of the tax authorities’ claims regarding the accounting of goods.

22.07.2026
The Innovation Development Fund plans to purchase 860 Starlink Mini units for 17 million
Economy

The Innovation Development Fund plans to purchase 860 Starlink Mini units for 17 million

The Innovation Development Fund has announced a tender for the purchase of 860 Starlink Internet Satellite Mini satellite modems or their equivalents. The maximum funding amount for the purchase, including VAT, is 17.028 million hryvnias.

22.07.2026
War
Ukraine has unveiled its new ‘Palytsia’ attack drone, equipped with Starlink and with a range of up to 90 km
War
  • Important

Ukraine has unveiled its new ‘Palytsia’ attack drone, equipped with Starlink and with a range of up to 90 km

The Ukrainian company DEVIRO has unveiled a new ‘Palytsia’ aircraft-type strike drone, which is set to become a more affordable and mass-produced addition to the already well-known ‘Bulava’ strike system.

22.07.2026
The US has confirmed the death of a third serviceman following Iran’s attack on a base in Jordan
War

The US has confirmed the death of a third serviceman following Iran’s attack on a base in Jordan

The Pentagon has announced that the third service member believed to have been killed in the Iranian attack on a US base in Jordan is Sergeant Angel S. Rampersad. The total number of US military personnel killed since the start of the war has risen to 18.

22.07.2026
"No grand promises": Drapatiy revealed the tasks he had been given by Zelenskyy
War

"No grand promises": Drapatiy revealed the tasks he had been given by Zelenskyy

The President of Ukraine, Volodymyr Zelenskyy, has set a number of tasks for the new Commander-in-Chief of the Armed Forces of Ukraine, Mykhailo Drapaty.

22.07.2026
The Unmanned Systems Forces have announced that they have struck a further 13 vessels belonging to the Russian Federation’s shadow fleet
War
  • Important

The Unmanned Systems Forces have announced that they have struck a further 13 vessels belonging to the Russian Federation’s shadow fleet

On 21 and 22 July, the Ukrainian Armed Forces’ unmanned systems unit struck a further 13 vessels belonging to the Russian shadow fleet in the Sea of Azov and the Black Sea. There are also reports of further strikes on energy infrastructure in the temporarily occupied territories

22.07.2026
The US is set to begin manufacturing Ukrainian Magura maritime drones for the first time – the same drones that sank ships belonging to the Russian Black Sea Fleet
War

The US is set to begin manufacturing Ukrainian Magura maritime drones for the first time – the same drones that sank ships belonging to the Russian Black Sea Fleet

The Ukrainian Magura unmanned surface vessels, which have become a symbol of the defeat of the Russian Black Sea Fleet, are to be manufactured in the US for the first time. The American company ReconCraft has signed an agreement with the Ukrainian firm Uforce to jointly manufacture unmanned boats that have already proven their effectiveness in real combat conditions.

22.07.2026