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I think it cuts the other way, and we will have more additional conflicts if the United States allows Iran to acquire atomic weapons. I don't see how it will be in Russia's self-interest to put more troops in Ukraine if the U.S. attacks Iran.
Moral capital has value. It would create a situation in which European powers are a lot less likely to do anything about Ukraine.
Bombing in a way that targeted to do industrial damage might even tipp the scales in a way that the value of US military bases on EU soil get's more questionable.