March 9, 2026
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6:01Now PlayingRussian President Vladimir Putin warned that escalating tensions in the Middle East could severely disrupt global energy markets, particularly as shipping through the Strait of Hormuz faces major logistical challenges. He said nearly a third of global maritime oil exports pass through the strategic route, which is now close to being shut, threatening supply chains. Oil prices have already surged more than 30 percent in a week, while global gas prices are also rising due to reduced LNG shipments from the region. Putin stressed that Russia will remain a reliable energy supplier and increase exports to trusted partners.
#putin #globalenergycrisis #oilpricesurge #straitofhormuz #middleeastconflict #oilmarket #energycrisis #geopolitics #worldnews #breakingnews #gasprices #globaloil #energysecurity #oilpriceupdate #globalmarkets
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