The country’s seaborne exports of oil products through the Cape of Good Hope almost doubled in monthly terms in July, according to Reuters Russia’s seaborne exports of oil products to Asia via South Africa’s Cape of Good Hope almost doubled in monthly terms in July to a record high of 1.1 million metric tons, Reuters reported on Thursday, citing shipping data. Major global shipping companies have stopped using the vital Suez Canal and have instead redirected ships around the southern tip of Africa due to attacks by Houthi rebels on vessels in the Red Sea. Market sources and shipping data reportedly show that the b
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