Alexander Novak stated that the ability to utilize oil stockpiles to stabilize the global market was nearly exhausted.
Iran says two tankers catch fire after hitting mines in Strait of Hormuz
Summary
The vessels, each carrying about two million barrels of crude oil, used an unauthorised route, the IRGC says.
Actors involved
Sources
- Al Jazeera(International)
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Related events
Indian experts suggest that continued access to competitively priced Russian crude oil could help reduce raw material costs, potentially easing inflationary pressure and supporting economic growth.
Russian Deputy Prime Minister Alexander Novak stated that the first tanker has been loaded at the port of Dikson.
India detained the tanker Unity on May 11, reportedly in connection with financial claims filed against the vessel's owner. While the action has been characterized as an arrest to secure these claims, specific details regarding the extent of the dispute remain unverified.