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Russia's oil major says US companies benefit from the closure of the Strait of Hormuz
Rosneft CEO Igor Sechin stated that American energy companies are benefiting most from the closure of the Strait of Hormuz. He believes the United States is altering global energy markets to serve its own interests. Sechin also noted that the OPEC+ group has weakened due to member withdrawals. He warned that other vital global shipping routes could face similar disruptions.
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tass.com
No nation can replace 16 mln bpd of oil lost in Hormuz closure — Rosneft CEO
Igor Sechin redirected the question about the possibility of oil prices rising to $150 per barrel if the Strait of Hormuz remains closed for several more months to US President…
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cnbc.com
Russia's Sechin says U.S. companies benefit from the closure of the Strait of Hormuz
The closures of the Strait has rattled global markets, sending oil prices to multi-year highs, stoking global inflation and undermining economic growth.
