Turkologist: Crisis around the Strait of Hormuz could further  escalate confrontation in the region

ArmInfo. The crisis that has arisen around the Strait of Hormuz amid the US and Israeli attacks on  Iran could further escalate confrontation in the region. Vladimir Avatkov, head of the Middle and Post-Soviet East Department at the Institute of Scientific Information on Social Sciences of the Russian Academy of Sciences, professor at the Diplomatic Academy of the Russian Ministry of Foreign Affairs, and Turkologist, expressed this  viewpoint during a Moscow-Yerevan video conference on "Turkey and the Middle East Crisis."

As the expert noted, the lack of opportunities to make money from oil  is already leading a number of countries to announce cuts in their  oil production. "Only China has sufficient oil reserves here, and  Russia has no issue in this regard either. As for the United States,  they have reserves, but they face certain challenges related to, for  example, transportation," the expert clarified.

According to Avatkov, all other countries in the world would suffer  from the current situation, including Europe. As the expert noted,  this crisis also affects Europe's security, which prompted the  Hungarian leadership to ask Moscow to confirm the stability of  Russian energy supplies.

"It's obvious that the global economy will be in turmoil now. This is  predictable and will contribute to radical changes not only in the  economic but also in the political system," the turkologist believes.

This is precisely why, as Avatkov noted, attempts are already being  made to stop the military operations and resume shipping through the  strait. Moreover,  this is being done not only to restore oil  supplies but also food supplies. "Countries are already concerned  about how they will sustain themselves. However, the extent of  Washington's interest is a separate question. It should be noted that  Americans have never cared about their allies, and nothing new should  be expected here," Avatkov concluded.