It will be determined "precisely by the two countries that possess this strait - Iran and Oman," Iranian Ambassador to Russia Kazem Jalali said
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Analysts have suggested that global emergency oil reserves, which are at multidecade lows, could be depleted within one to two months if the Strait of Hormuz were to close again. These projections remain speculative and depend on the specific duration and severity of any potential disruption to shipping lanes.
The statement indicates that inventories are currently being increased. This claim is based solely on the provided document and has not been independently verified.
BCS World of Investments forecasts that the MOEX Index will hold above 2,400 points on Friday. This projection is an analyst expectation and does not guarantee actual market performance.
The United States midterm elections are scheduled to be held on November 3.