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بوابة الوسط
Rosneft Chief: US Firms Benefit from Hormuz Closure
The CEO of Rosneft, the largest oil company in Russia, stated that American energy companies are the main beneficiaries of the closure of the Strait of Hormuz, warning that ongoing tensions there could undermine long-term oil demand. This concern arises especially after Iran has effectively closed the strait following attacks on the country and escalating tensions with the United States. He added that the closure of the strait, through which about 20% of the world's oil supplies pass, is harming the global market and driving up oil prices, with forecasts reaching up to $180 per barrel if the US-Iran conflict escalates. He also emphasized that continued tensions lead to reduced oil demand and encourage the search for alternative energy sources.
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