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Alexey Shevtsov

Steady6 stories1 sourcesLast updated: 6/4/2026

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Russian Official Warns Strait of Hormuz Blockade Would Impact Food Production
Developing
World·4/27/2026AI summary

Russian Official Warns Strait of Hormuz Blockade Would Impact Food Production

Russian Security Council Deputy Secretary Alexey Shevtsov warned that a blockade of the Strait of Hormuz would impact food production costs and output. About 20% of world oil passes through the strait, and a closure would remove 10% of oil supplies from the market, causing shortages. Shevtsov noted EU carbon sales have decreased by 10% and are being replaced by coal, affecting fertilizer production during the current planting season.

T
TASS
Russian Official Warns Armenia's EU Membership Could Cut GDP by 7.7%
Politics
4/22/2026AI summary

Russian Official Warns Armenia's EU Membership Could Cut GDP by 7.7%

Alexey Shevtsov, Deputy Secretary of the Russian Security Council, warned that Armenia's accession to the EU could reduce its GDP by approximately 7.7%, citing the need to implement European customs controls, face market quotas for Armenian goods, and comply with European technical regulations requiring significant additional investments. He said these changes could also lead to a 7.48% drop in domestic consumption, 8.3 percentage point increase in inflation, and 4.1 percentage point rise in unemployment.

T
TASS