War in Iran increases demand for Russian energy resources, Kremlin says

The Kremlin ‌said on Friday that the war in Iran had fuelled demand for Russian energy products, Reuters writes.

The conflict, ⁠which entered its seventh day on Friday, has left ​the Strait of Hormuz, a critical shipping passage all-but ​shut, with countries around the world cut off from a fifth of global oil and liquefied natural gas supplies.

Kremlin Spokesman Dmitry ​Peskov told reporters that Russia has been and remained ​a reliable supplier of oil and gas, both via pipelines and ‌in ⁠liquefied form.

“It also remains ​capable of guaranteeing the continuity of all ​deliveries for ⁠which contracts have been concluded.”