“Russia can, without a doubt, compensate for the shortfall in resources that has arisen” for China and “other countries that are interested in working with us,” Sergei Lavrov said at a news conference in Beijing in response to a question about the Hormuz blockage.

He also said that Russian President Vladimir Putin will visit China in the first half of the year, Moscow’s TASS state news agency reported.

Russia’s and China’s close economic and political partnership has deepened since Moscow’s 2022 invasion of Ukraine.

Lavrov, who began a two-day visit to Beijing on Tuesday and met President Xi Jinping on Wednesday, characterised the bilateral relationship as “unshakeable in the face of any storms”, Russia’s TASS and RIA Novosti news agencies reported.

Ties between the countries “play a stabilising role in world affairs” and are “becoming increasingly important… for the global majority that does not want problems or turbulence”, he said.

Lavrov’s visit comes during the same week as a string of foreign leaders meet with Xi in the Chinese capital, including To Lam of Vietnam and Pedro Sanchez of Spain.