"The Hormuz crisis became a moment of truth for the global energy system, highlighting the significance of alternative logistics routes," Igor Sechin said

Sechin claims China is now dominant in global energy markets. Crude oil reaching a new all-time high by December 31 at 10% YES.

VLADIVOSTOK, Sept 4 (Reuters) - Igor Sechin, chief of Russia’s top oil producer Rosneft, said on Thursday that China, not OPEC, has stabilized global oil markets by reducing crude…