Sanctions and Ice Hinder Russia’s Arctic Oil Exports ...Middle East

Economy by : (OILPRICE) -
Russian crude oil deliveries to Asia via the Northern Sea Route have failed to increase as expected during the 2025 season, falling by 4.2% from 2024 levels. According to figures reported by Kommersant daily, Russian oil exporters shipped 1.83 million tons of crude via the Northern Sea Route this year, equal to some 13.41 million barrels. Most of that went to China, with a small amount going to South Korea. For context, last year saw shipments of 1.91 million tons of crude via the route, equal to around 14 million barrels. The volumes represented…

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