Gunvor: Sanctions on Russian Oil Buyers Will Upend Crude Flows ...Middle East

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Gunvor: Sanctions on Russian Oil Buyers Will Upend Crude Flows
source : OILPRICE ( Middle East ) () 71
Global crude oil flows would be disrupted if the U.S. imposes more sanctions on buyers of Russian oil, one of the world’s biggest independent commodity traders says. “President Trump is serious about going for much tougher sanctions,” Frederic Lasserre, global head of research and analysis at commodity trading giant Gunvor, said at the APPEC energy conference in Singapore on Monday, as carried by Reuters. The U.S. has singled out India as a target of massive tariffs, also due to its continued purchases of Russian crude oil. India…

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