Reduction in Russian oil supplies would be more problematic than Hormuz crisis — Sechin The Executive Secretary of the presidential commission on fuel and energy sector development strategy and environmental security, who is also the Rosneft CEO, stated that the world should analyze the situation concerning the closure of the Strait of Hormuz. He suggested that a reduction in Russian oil supplies would present a more significant problem than a crisis involving the Strait of Hormuz.

• The world should analyze the situation surrounding the closure of the Strait of Hormuz.
• A reduction in Russian oil supplies would be more problematic than a Hormuz crisis.
• Statement made by the Executive Secretary of the presidential commission on fuel and energy sector development strategy and environmental security and Rosneft CEO.