'US firms benefit from Hormuz closure': Russian oil company chief's big claim amid Iran war

Rosneft CEO Igor Sechin stated American energy firms are the primary beneficiaries of a Strait of Hormuz closure, warning of long-term damage to oil demand and a boost for alternatives. He also highlighted global resource shortages and questioned OPEC+'s effectiveness, noting Russia's production decline and need for investment. https://ift.tt/zoKNW45