World Oil Market to Face Deficit Soon If Strait of Hormuz Blockade Continues- Gazprom Neft

NAMPA / Sputnik
2026-03-26
MOSCOW, March 26 (RIA Novosti) - The global oil market will face a very serious deficit in 2-3 months if the blockade of the Strait of Hormuz continues, Russian oil producer Gazprom Neft CEO Alexander Dyukov said on Thursday. "The Middle East conflict is already having a significant impact on the global oil market.​​​.. If the conflict and the blockade of the Strait of Hormuz continue, then in 2-3 months the global oil market will face a very ser......
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