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Russia's Surging Crude Oil Exports to China: What It Means for Global Markets
Source: RT News Moscow has outpaced Saudi Arabia as Chinese demand drives record imports, trading data has shown Russia’s seaborne crude shipments to China hit a record 1.86 million barrels per day (bpd) in January, up 46% year-on-year amid falling Indian imports and rising US pressure on New Delhi to curb Russian oil purchases. In response to Western sanctions, Russia has rerouted most of its energy exports to Asia, particularly to India and China. Moscow’s energy exports t
Core Insights Advisory Services
4 hours ago2 min read
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