China, India and Türkiye have boosted imports to partially offset a drop in Russian crude shipments to the EU, a survey has shown Russian oil exports surged to an all-time high last month despite the Western embargo on the country’s seaborne crude imposed in December, the International Energy Agency (IEA) revealed in a report on Wednesday. The country’s oil deliveries jumped by 300,000 barrels per day (bpd) in January compared to the previous month, reaching 8.2 million bpd, proving that product exports are holding steady, according to the IEA. Shipments of petroleum products remained unchanged last month and tota
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