Shares of major Russian oil companies — including Rosneft, Lukoil, Bashneft, Tatneft, Gazprom Neft, and Surgutneftegaz — rose by an average of 2–3% following the outbreak of military hostilities between the United States and Israel against Iran. 📈
According to Reuters, citing a European mission, Iran’s Islamic Revolutionary Guard Corps (IRGC) has begun transmitting radio messages to vessels declaring a complete ban on passage through the Strait of Hormuz. ⚠️
The strait is a critical chokepoint in the global energy system: roughly 20% of the world’s daily oil consumption — along with a significant share of liquefied natural gas — passes through this narrow corridor.
Tracking data indicate that tanker traffic in the area has nearly come to a standstill. Several European countries have advised their vessels to avoid transiting the waters altogether. 🚢
The industry has already begun adjusting logistics. Tankers are rerouting to bypass the high-risk zone, and Qatari authorities have issued official guidance recommending a temporary suspension of navigation in the region.
Tehran has previously used the threat of closing the strait as political leverage but has never followed through, as such a move would also damage Iran’s own revenues and halt exports for neighboring states.
Analysts warn that even a short-term disruption could trigger a sharp spike in oil prices — potentially reaching $120–150 per barrel.
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