MOSCOW, April 14. /TASS/. The United States is enforcing a blockade on the Strait of Hormuz, and experts weigh in on what Peter Magyar’s election win could mean for Russia-Hungary ties. Meanwhile, Russia’s Security Council proposes building joint food reserves with friendly economies. These stories topped Tuesday’s newspaper headlines across Russia.
After failing to reopen the Strait of Hormuz closed by Iran after the conflict in the Middle East broke out, the United States decided to impose a blockade on it. The US Central Command (CENTCOM) announced that "any vessel entering or departing the blockaded area without authorization is subject to interception, diversion, and capture." Meanwhile, Iran has restricted the Persian Gulf as it allows vessels from friendly countries, including Russia, China, Iraq, Pakistan and India, to pass through the waterway for up to $2 million for a ship to traverse the Strait.
Speaking of the United States, it is seeking to completely shut off Iranian oil exports which have not been affected before. Moreover, US President Donald Trump has even moved to partially lift US sanctions on the Islamic Republic. If Iranian crude exports are blocked, between 1.5 million bpd and 2 million bpd of crude and petroleum products will be lost from the global supply, adding to the already lost 8 million bpd.
