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The closure of the Strait of Hormuz is an attempt to change global energy market regulation in the interests of the United States, Igor Sechin, head of Russia’s largest oil producer Rosneft, says.
Speaking at the St. Petersburg International Economic Forum, Sechin, a long-standing ally of President Vladimir Putin, also said that the Opec+ group of leading oil producers has lost some of its potential with the withdrawal of the United Arab Emirates from the alliance.
