[Russian Presidential Press Secretary: The sharp deterioration of the world oil market situation is causing concern] September 14th, Russian Presidential Press Secretary Peskov said on the 14th local time that the world oil market situation is deteriorating sharply, causing widespread concern. Peskov said at a press conference that day that the escalation of tensions in the Gulf region was the main reason for the deterioration of the world oil market situation. Global oil supply has been significantly reduced. The outage of pipelines in Saudi Arabia alone has caused a reduction of more than 4% in global oil supply. Peskov also said that in order to protect the domestic market, Russia has banned the export of its own petroleum products. Russia will only consider lifting this ban if there is sufficient domestic supply. (CCTV News)