Argachi: The stability of the global energy market depends on America's choice In a note in the Russian newspaper Yeda, Iran's foreign minister emphasized that the disruption in the Strait of Hormuz affected the security of gas supply and the stability of global markets, especially in Asia and Europe. Emphasizing the strategic position of Iran and Russia in the global gas market, Argachi called for the necessity of developing bilateral cooperation in the field of investments, technology transfer, development of oil and gas fields and increasing export capacity. He also named the strengthening of cooperation among the members of the Assembly of Gas Exporting Countries as an important factor for ensuring energy security and dealing with geopolitical shocks. Referring to the presentation of the seven-day plan for the reopening of the Strait of Hormuz and the return of normal maritime traffic, Iran's foreign minister emphasized that the stability of the global energy market depends on dialogue, mutual respect and cooperation of all parties. At the end, Argachi stated that the choice of the way to reduce tension and strengthen stability in the global energy market depends on America's will and political approach.