Russia Secures Strait Of Hormuz Access Amid Global Tensions

Kremlin aide Yuri Ushakov announced that the Strait of Hormuz remains accessible to Russia despite disruptions caused by a U.S.-Israeli conflict with Iran. This conflict has impeded the transfer of a substantial portion of global oil and LNG, leading to significant supply and pricing impacts.

On Thursday, Kremlin aide Yuri Ushakov confirmed that the Strait of Hormuz remains operational for Russian interests. This statement was broadcast on Russia's Vesti TV, according to Interfax reports.

The U.S.-Israeli military actions against Iran have notably curtailed the passage of around 20% of the world's oil and LNG through this critical maritime chokepoint. The blockade has prompted significant disruptions in oil supply, pushing prices to new heights.

In late March, the Russian Foreign Ministry expressed its disapproval of Iran's blockade of the Strait of Hormuz. However, they emphasized the importance of considering this issue within the wider context of global developments.