Odaily Odaily reports that Russian President Vladimir Putin stated that oil production related to the Strait of Hormuz could completely halt as early as next month, with logistics shifting to more profitable markets. He added that global natural gas prices have risen more than oil prices, and energy resources will continue to be supplied to reliable partner countries. He asserted that the current high commodity prices are temporary. (Jinshi)
Putin: Oil production related to the Strait of Hormuz could come to a complete halt as early as next month.
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