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economicOct 12, 2026

Russia, Lebanon to resume meetings of intergovernmental commission on trade — Lavrov

Summary

The Russian and Lebanese sides reaffirmed their "mutual commitment to further expanding political dialogue and strengthening partnership ties in various areas" during the negotiations

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Russia

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US Central Command Chief of Staff Brad Cooper asserted in a video statement that US and regional partners, rather than Iran, control the Strait of Hormuz, claiming the US blockade of Iranian ports has halted Iran's non-humanitarian maritime trade and prevented the export of at least $25 billion in crude oil.

Cooper further stated that US forces assisted Gulf allies in moving more than 100 million barrels of crude through the strait in the past week, while noting that these actions have degraded the IRGC's ability to project power, although these specific operational metrics and cost assessments remain unverified independent claims.

Location: Strait of Hormuz