05.03.2026, 16:53

Shoigu estimates losses from Strait of Hormuz blockage at $7 bln per day

SERGIYEV POSAD, Moscow region. March 5 (Interfax) - Each day of the Strait of Hormuz's blockage generates losses amounting to $7 billion, Russian Security Council Secretary Sergei Shoigu said.

To read the full news articles, Subscribe.

07:03PM
Kyrgyzstan expects to soon leave EU flight safety blacklist

07:01PM
Iran attacked Azerbaijan with four drones, one shot down – Azerbaijan’s Defense Ministry

05:08PM
Kazakhstan's Emergencies Ministry forms floods response team

04:49PM
Kazakhstan's Senate Speaker confirms Astana's readiness to facilitate conflict resolution during meeting with Iranian ambassador

04:35PM
Businesses with debts up to 6.5 mln tenge to get tax deferrals without collateral – Finance Ministry

03:38PM
Putin only instructs govt to study switching from European to alternative gas markets, no final decision made yet - Peskov

03:36PM
Air Astana extends Middle East flight suspensions through March 10

02:58PM
China sets five-year oil output target, aims to cap consumption by 2030

01:35PM
Oil and gas revenues of Russian budget amount to 432.3 bln rubles in Feb, shortfall at 153.2 bln rubles - Finance Ministry

12:57PM
Kazakh parliament ratifies readmission agreement with Austria

12:43PM
Shell to explore for oil at Zhanaturmys block in Aktobe region

12:41PM
Moscow could act as mediator in settlement of conflict around Iran - Russian Foreign Ministry

12:39PM
Business confidence down in Russian mineral extraction, manufacturing in Feb - Rosstat

12:37PM
Russian GDP falls 2.1% in Jan - Econ Ministry

Press center

https://press.interfax.kz

WE EXPECT A SURGE IN INFLATION IN EARLY 2026 DUE TO TAX REFORM, BUT IT WILL BE ABSORBED BY YEAR-END

KAZAKHSTAN TO ACHIEVE FULL DAIRY SELF-SUFFICIENCY BY 2027, BUT IMPORTS STILL NEEDED

KAZAKHSTAN CAN BECOME A REGIONAL LEADER IN MINERAL EXPLORATION

COUNTRIES TRYING TO BE FRIENDLY WITH EVERYONE CAN BENEFIT AND BECOME MORE ATTRACTIVE FOR INVESTMENT

Shoigu estimates losses from Strait of Hormuz blockage at $7 bln per day

Press center