Russian Foreign Minister Sergey Lavrov has stated that the ongoing conflict surrounding the Strait of Hormuz serves neither the interests of the United States nor Iran.

Speaking in Manila, Lavrov emphasized the mutual detriment of continued hostilities in the critical waterway, suggesting a potential shift in diplomatic posture despite the entrenched nature of the dispute.

The remarks come as global energy markets remain highly sensitive to shipping disruptions in the region.

Brent crude prices have surged in recent sessions amid intensifying transit risks across both the Red Sea and the Strait of Hormuz.

Traders are closely monitoring any signals that could de-escalate tensions, as prolonged instability threatens to disrupt a significant portion of global oil flows and keep freight rates elevated.

Lavrov’s comments follow recent reports that Iran has found no meaningful progress in peace negotiations with the United States.