Alexey Belogoryev, Research and Development Director of the Institute for Energy and Finance, gave an interview live on the RTVi channel about the impact of the Iranian crisis on global oil and gas markets.
According to him, the current conflict is developing in the most important region in terms of the production of oil, petroleum products and partly liquefied natural gas.
Such a policy can last for quite a long time if Tehran has the military-technical capabilities for this, the expert believes."At the same time, Iran is obviously purposefully attacking the infrastructure of the Arab countries of the Persian Gulf in order to make the price of war felt all over the world — and precisely by increasing the price of energy resources, first of all: oil and gas. This is part of his purposeful policy, as far as can be judged," Belogoryev said.
However, most major oil importers have strategic and commercial reserves of oil, Belogoryev continued.
He also recalled that "there are many other suppliers, including Russia."
According to the expert, this will primarily affect Russia."Therefore, it is probably impossible to say that there will be an acute shortage of oil and petroleum products on the market. But prices will certainly rise. And the demand for that part of the supply, which is currently underestimated, will increase," Belogoryev reasoned.
"In general, Russia still looks like the main beneficiary of how this crisis is developing. Because prices are rising and discounts will decrease on Russian oil. And if the same attacks on infrastructure and tankers continue for several more weeks, then there will be a queue for Russian oil in Asian countries. First of all, it will be divided between India and China," Belogoryev said.
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