economicUnverifiedRussia
○ 1 source
Alexander Novak stated that the ability to utilize oil stockpiles to stabilize the global market was nearly exhausted.
Location: Strait of Hormuz
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economicOct 8, 2026
Oil transit through Strait of Hormuz has reached nearly 80% of February levels — Rubio
Summary
"The only country unable to regularly ship oil from the Middle East is Iran, whose supplies have been completely blocked or halted by the blockade," the US Secretary of State said
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Sources
- CurrentsAPI
ATHENS, October 8. /TASS/. Oil shipments through the Strait of Hormuz have reached nearly 80% of pre-Iran war levels, US Secretary of State Marco Rubio said in an interview with the Greek newspaper Kathimerini. "Oil shipments via the southern route [of the Strait of Hormuz], whic…
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