A comment by the Minister of Foreign Affairs of the Islamic Republic of Iran in Yade Newspaper Energy security is now the biggest challenge in the world, along with food security, and these two challenges are a direct result of the coercive and bullying actions of the United States of America in our region. The price of gas in Europe has risen sharply, while the level of winter evening reserves is still much lower than last year. A similar situation in other parts of the world, especially that 90% of transit gas from the Strait of Hormuz is consumed in Asian markets. Look at the current protests in European countries and the inflation and soaring fuel prices in Europe and America. The lesson from this story is clear: producers must strengthen dialogue, diversify supply routes, protect critical infrastructure and create practical mechanisms to mitigate the impact of geopolitical shocks on global energy markets.

A comment by the Minister of Foreign Affairs of the Islamic Republic of Iran in Yade Newspaper Energy security is now the biggest challenge in the world, along with food security, and these two challenges are a direct result of the coercive and bullying actions of the United States of America in our region. The price of gas in Europe has risen sharply, while the level of winter evening reserves is still much lower than last year. A similar situation in other parts of the world, especially that 90% of transit gas from the Strait of Hormuz is consumed in Asian markets. Look at the current protests in European countries and the inflation and soaring fuel prices in Europe and America. The lesson from this story is clear: producers must strengthen dialogue, diversify supply routes, protect critical infrastructure and create practical mechanisms to mitigate the impact of geopolitical shocks on global energy markets.