Russian President Putin stated on the 1st that the situation in Iran has a direct impact on the energy market and oil and gas transportation through the Strait of Hormuz, and that Russia can provide solutions for the world.
In a video address to the opening of the first Russia International Transport and Logistics Forum on the same day, he said that the global transportation and logistics sector is undergoing profound changes and facing severe geopolitical challenges. The situation in Iran has already had a direct impact on the energy market and oil and gas transportation through the Strait of Hormuz.
Putin pointed out that more and more countries and enterprises are concerned not only with the speed and cost of transportation, but also the safety and sustainability of transport routes and supply chains.
He stated that Russia is willing to play an important role in building a new global logistics and international trade framework and can provide solutions for the world.
The first Russia International Transport and Logistics Forum is being held in St. Petersburg from the 1st to the 3rd.