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Rosneft CEO: US firms benefit from Hormuz closure
The CEO of Rosneft, Russia’s largest oil producer, confirmed that American energy companies are the main beneficiaries of closing the Strait of Hormuz, as Washington seeks to alter the dynamics of the global energy market to serve its interests. He pointed out that the blockade of the Strait, which is a major passage for about one-fifth of the world's oil supplies, has led to rising oil prices and exacerbated global inflation, warning that other key routes could face the risk of disruption in the future.
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