In a high-stakes move that has sent shockwaves through global energy markets, Russian President Vladimir Putin has officially entered the "Oil War," ordering an immediate pivot of Russia's vast energy resources away from Europe.

Speaking as Brent Crude breached $119 per barrel, Putin revealed that the "effective closure" of the Strait of Hormuz has trapped 14 million barrels of oil daily, creating a vacuum that Moscow intends to fill by establishing a permanent foothold in the Asia-Pacific region.

Citing the upcoming April 25 EU sanctions, Putin instructed the Kremlin to "slam the door" early, redirecting all available oil and gas to reliable partners while mandating that state-run energy giants use skyrocketing profits to liquidate domestic bank debts.

This strategic decoupling marks the most significant shift in international economic relations since the start of the decade, threatening to leave Western industries facing unprecedented inflation and supply shortages. US-Iran War 2026 Latest Updates: Full coverage of the military escalation and frontline developments between the United States and Iran.

Featuring technical analysis of US Air Force strikes and IRGC ballistic operations. Reported by the Times Now World editorial team.

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