economy
April 4, 2026
Gasoline stations in Europe will be empty by around April 20, warns Dmitriev
Gasoline stations in Europe could be out of fuel by around April 20, said Kirill Dmitriev, head of the Russian Direct Investment Fund and special presidential representative for investment and economic cooperation with foreign countries.
TL;DR
- European gas stations could be empty by April 20.
- The last fuel shipments to the EU will arrive via the Strait of Hormuz on April 11.
- A potential blockade of the Strait of Hormuz by Iran could disrupt global oil supply.
- Iran claims it has the capacity to maintain a blockade for years.
- The escalation of conflict and closure of the Strait of Hormuz have caused oil prices to surge.
- The Strait of Hormuz is a critical route for transporting oil and supplies for U.S. military bases in the Middle East.