[Russian Expert: If the Strait of Hormuz Reopening is Confirmed, Oil Prices Will Stabilize at $80-$90] According to a report by Jinse Finance on April 18, Alexei Belogoryev, Director of the Russian Institute for Energy and Finance, stated that if the reopening of the Strait of Hormuz is confirmed, Brent crude oil prices will stabilize at $80-$90 per barrel. Due to ongoing geopolitical risks and physical supply shortages in multiple regions globally, oil prices are unlikely to decline further in the short term. (Russian Sputnik News Agency)