He did not specify how much oil had been transported through the strait
Iran shifts trade north to Caspian Sea as war impairs Strait of Hormuz
Summary
Iran is looking for alternatives to export its oil as the US blockades its southern ports.
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Sources
- Al Jazeera(International)
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Russian Foreign Minister Sergei Lavrov asserted that Ukrainian attacks are responsible for damage to commercial shipping in both the Black Sea and the Caspian Sea, specifically citing the Caspian Pipeline Consortium. These claims have not been independently verified.
Recent disruptions to oil exports, rising import costs, and dinar devaluation have highlighted Iraq's significant reliance on petroleum revenues and foreign goods.
Russian officials stated that trade volume continues to increase. No independent verification of these figures has been provided in the summary.