# Russian minister: US-Iran war to affect global trade for a long time

https://mins.news/en/item/86549

- TASS, 2026-10-05 14:05 UTC
- Economy
- Original: https://tass.com/economy/2197747

> Russian Economic Development Minister Maxim Reshetnikov said global trade would face the consequences of the US-Israeli war with Iran for a long time, with its full impact still unclear. He said disruptions in the Strait of Hormuz cut regional first-quarter exports by 9.7% and imports by nearly 12%, while higher energy and fertilizer prices increased pressure on food markets.

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