The Russian Ministry of Foreign Affairs warned this Sunday, March 1, about the consequences of closing the Strait of Hormuz for the world oil market amid attacks by the United States and Israel on Iran. The passage is the only exit from the Persian Gulf to the open sea and a considerable part of the oil exported by the Arab Gulf countries passes through it.
“It was reported that navigation was disrupted in the Strait of Hormuz. This could lead to the blocking of hydrocarbon exports in the region and create a significant imbalance in global oil and gas markets,” the Russian Foreign Ministry said in a note on the situation in Iran.
The statement also says that the Russian government received with “indignation” and “deep regret” the news of the deaths of Iran’s supreme leader, Ayatollah Ali Khamenei, his family members and senior government officials in the Persian country.
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The note adds that Russia strongly condemns “the practice of political assassinations and the hunt for leaders of sovereign states”. This, in the ministry’s assessment, goes “against the fundamental principles of civilized relations between States and constitutes a serious violation of international law”.
The ministry highlights that the number of civilian victims is increasing, recalls that Iran’s retaliations hit targets in the Arab countries of the Gulf and calls for an “immediate de-escalation, cessation of hostilities, and resumption of political and diplomatic processes”. “The legitimate interests of all Persian Gulf states must be taken into account,” he concludes.