TheRussiaTime

Middle East escalation may have positive effect on ruble — expert

2026-03-02 - 12:33

The conflict in the Middle East is disrupting global oil supply chains due to the blockage of the Strait of Hormuz, through which about 10-20% of global oil supplies pass, contributing to higher crude prices, head of the analytical department at Tsifra Broker Natalia Pyrieva said

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