Moscow has potential new buyers for half of its oil – Bloomberg ...News

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Brazil, Sri Lanka, and South Africa are among the countries that could take the EU’s place as markets for Russian energy Moscow will be able to find new markets for half of the crude oil exports subject to Brussel’s looming embargo, Bloomberg reported on Friday, citing analytics company Kpler. Under the embargo, most imports of Russian crude will be banned from entering the EU starting in December, while oil product exports to the bloc will be banned starting in February. According to the International Energy Agency, this means that about 2 million barrels of Russian oil a day will be left unclaimed, unless Russia

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