Kremlin: Gulf instability rapidly worsening global oil market situation

Kremlin spokesman Dmitry Peskov stated that a huge amount of oil is dropping out of the global market due to Persian Gulf instability, signaling a tightening supply outlook. The claim is an official Russian assessment, not independently verified, and the exact volume of disrupted supply remains unspecified. This matters as it could reflect real supply losses and escalate market concerns over energy security.