World Oil Market to Face Deficit Soon If Strait of Hormuz Blockade Continues – Gazprom Neft
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March 26, 2026
MOSCOW (Sputnik) – The global oil market will face a very serious deficit in 2-3 months if the blockade of the Strait of Hormuz continues, Russian oil producer Gazprom Neft CEO Alexander Dyukov said on Thursday.
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