MOSCOW, April 7. /TASS/. Amid turbulence on the global energy market its participants are turning back to Russia as a reliable supplier, Prime Minister Mikhail Mishustin said at the opening of the strategic session "Development of the Fuel and Energy Complex."
TASS has compiled the Prime Minister's key statements on the situation in energy markets.
Escalation of the conflict in the Middle East has led to the emergence of "new serious challenges" and has affected "not only the oil and refined product markets," but also other important commodities.
Approximately 10% of global liquid hydrocarbon production was suddenly removed from the market due to the situation in the Persian Gulf.
"Established sea routes were disrupted, effectively paralyzing one of the most important international transport corridors in the Persian Gulf. As a result, approximately 10% of global liquid hydrocarbon production was suddenly removed from the market," Mishustin said.
