In everyday terms: Russia’s president, Vladimir Putin, says the ongoing war involving the U.S., Israel, and Iran has changed how countries think about moving oil and gas. Speaking at the first International Transport and Logistics Forum in St. Petersburg, he explained that the fighting in Iran directly affects shipments through the Strait of Hormuz—a vital route for global energy.
Putin noted that companies and governments are no longer just worried about price or speed. Security, sustainability, and resilience against crises are now the top priorities. The forum brought together 73 high-level guests from 50 countries to discuss how transport systems in Russia and Eurasia can adapt to these new realities.
Source: Newstimehub
