Russia, China veto UN resolution to reopen Strait of Hormuz

[ad_1] Image used for representative purposes Russia and China on Tuesday vetoed a United Nations Security Council resolution aimed at reopening the Strait of Hormuz, dealing a blow to Gulf-backed efforts to restore navigation through one of the world’s most critical oil routes.The resolution, introduced by Bahrain, failed despite securing 11 votes in favour, with […]

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Iran war: Strait of Hormuz crisis could choke global oil supply within a month, warns Putin

[ad_1] Russian President Vladimir Putin on Monday (local time) warned that the US-Israeli war on Iran has pushed global energy markets into crisis, saying oil flows linked to the Strait of Hormuz could face a complete halt in the coming weeks. He also said Russia remains open to restoring long-term energy cooperation with European nations […]

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