Putin: Global oil and gas supply faces challenges; Russia can provide "solutions"

MetaMuskRat · 2026-04-03T14:53:16+00:00

Putin stated that the Iran situation affects the energy market and oil and gas transportation through the Strait of Hormuz, emphasizing that the global transportation and logistics sector faces geopolitical challenges. He called for building secure and sustainable supply chains, and Russia is willing to provide solutions.

MetaMuskRat

2026-04-03 14:53:16

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People’s Finance Network, April 1—On April 1, Russian President Vladimir Putin said that the situation in Iran has a direct impact on the energy market and on the transportation of oil and gas through the Strait of Hormuz. Russia can provide solutions to the world. According to a message on the official website of the Russian president, Putin said in a video address to the opening ceremony of the first Russia International Transport and Logistics Forum held that day that the global transport and logistics sector is undergoing profound changes and faces serious geopolitical challenges. The situation in Iran has already had a direct impact on the energy market and on the transportation of oil and gas through the Strait of Hormuz. Putin noted that what an increasing number of countries and companies are focusing on is not only transport speed and cost, but also the security and sustainability of transport routes and supply chains. He said that the Russian side is willing to play an important role in building a new global logistics and international trade framework, and can provide solutions to the world. (Xinhua News Agency)

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