Russian oil exports hit near three-year high – IEA ...News

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Russian oil exports hit near three-year high – IEA
Sanctioned seaborne crude is selling above the price cap set by EU and G7 countries, the agency has revealed Russian oil exports jumped to their highest level in almost three years in March, despite Western sanctions, the International Energy Agency (IEA) revealed in its monthly report on Friday. Russia's daily seaborne oil supplies surged by 600,000 barrels per day (bpd) to 8.1 million bpd last month, the highest since April 2020, according to the IEA. The Paris-based agency attributed the increase largely to a rise in exports of oil products, which returned to pre-COVID levels. Deliveries of petroleum products r

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