Record volumes of Russian oil heading to Asia – Bloomberg ...News

Russia Today - Economy
Record volumes of Russian oil heading to Asia – Bloomberg
source : Russia Today ( News ) () 46
Supplies to the EU have plummeted ahead of the looming price caps Asian countries now account for two thirds of Russia’s total seaborne oil exports, while supplies to the EU continue to decline, Bloomberg reported on Monday. Sea deliveries to Asia reportedly accounted for less than two fifths of Russian seaborne crude sales before the EU, the US and their allies introduced sanctions over Moscow’s military operation in Ukraine. China and India are reportedly forming the backbone of the latest surge in Russian oil trade, while minor volumes are also being shipped to Sri Lanka and the UAE.  The overall volume of crud

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