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المشهد العربي
Rosneft Chief Warns of Middle Eastern Oil Shortfall
The head of the Russian oil company "Rosneft," Igor Sechin, confirmed that no country in the world, including the United States, is capable of compensating for the oil supplies that may be lost in the markets due to the current geopolitical crisis in the Middle East. He also ruled out the possibility of anyone replacing the oil if the Strait of Hormuz were to be closed to oil tankers, noting that the oil market is not prepared to meet the increasing demand. This comes at a time when international oil markets are under pressure due to tensions in the region, amid statements about the ability of the "OPEC+" alliance to organize the market and restore its balance.
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