01.04.2026 13:44
Russian President Vladimir Putin stated that the war in Iran directly affects global energy markets as well as oil and gas transportation. Putin said, "For our partners, Russian logistics routes can be beneficial both economically and in terms of diversifying global transportation flows."
Russian President Vladimir Putin made striking statements regarding the global effects of the war in Iran. Putin stated that the conflicts affect not only the region but also directly impact energy markets and the transportation of oil and natural gas.
GLOBAL ENERGY MARKET SHAKEN
The crisis, particularly in the Strait of Hormuz, caused by the war in Iran has seriously disrupted the flow of global energy. According to experts, about one-fifth of the world's oil is transported through this route, and the disruptions are driving prices up on a global scale.
The European Union also announced that there has been a sharp increase in oil and gas prices following the war and that normalization is not expected in the short term.
PUTIN: RUSSIA CAN BE AN ALTERNATIVE
Putin indicated that Russia's logistics and energy routes could come to the forefront during this process, stating, "For our partners, Russia's logistics routes can provide advantages both economically and in terms of diversifying global transportation."
It is also assessed that Russia is economically benefiting from the rising energy prices due to the crisis and has the opportunity to turn towards new markets.
GLOBAL CRISIS WARNING
Experts indicate that the disruptions in energy supply caused by the war in Iran could create an effect similar to the oil crisis of the 1970s. It is stated that the risk of fluctuations in global markets, inflation, and economic slowdown is increasing.
US-ISRAEL'S ATTACKS ON IRAN
Israel and the US launched a military attack on Iran on February 28 while negotiations were ongoing between the Tehran and Washington administrations. Iran responded with attacks on targets it identified in several regional countries, including Qatar, the United Arab Emirates (UAE), Bahrain, and Kuwait, where US bases are located, in addition to Israel. In the US-Israel attacks, many high-ranking officials, including former Iranian leader Ali Khamenei, were killed.