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diplomacyMay 2, 2026
Global markets left reeling by Strait of Hormuz fuel crisis, EU says, as Russia expands oil sales
Summary
Russia expands oil sales as EU warns global economy ‘reeling’ from Iran war fuel crisis Russia will supply Indonesia and Japan with crude as both countries look for ways to weather the fuel crisis brought on by the US-Israeli war on Iran.
Actors involved
USIsraelIranEURussia
Sources
- Russia TodayBy Russia Today
Russia expands oil sales as EU warns global economy ‘reeling’ from Iran war fuel crisis Russia will supply Indonesia and Japan with crude as both countries look for ways to weather the fuel crisis brought on by the US-Israeli war on Iran. The global economy is “reeling,” and ther…
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