Asian oil imports were due for a marked rebound this month after the end of the maintenance season. Chances are that a lot of the additional oil would be coming from Russia, which has become one of the largest suppliers of China and India. In fact, Russian oil flows are growing despite claims from Moscow that it has reduced its total oil production.
According to Bloomberg, Russian oil exports actually hit the highest since the start of 2022 last month. This is happening in the context of the most severe sanction push by the collective West…Here’s Why Oil Flows Can Only Be Redirected, Not Stopped
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