Oil Tankers U-Turn and Buyers Go Elsewhere as Russia Sanctions Bite
On Jan. 10 the US Treasury’s Office of Foreign Assets Control sanctioned 161 tankers and traders involved in about 2,000 shipments since the invasion began. It also acted against Moscow-based ship insurers and two companies — Surgutneftgas and Gazpromneft — which in the first 10 months of last year accounted for almost 30% of Russia’s oil exports.
China’s imports of Russian crude have been more badly affected than India’s due to the uneven distribution of US sanctions, ...
The move underscores the importance of protecting the Indian Ocean region through which 95% of the country's trade moves amid ...
Spot premiums for Middle East crude rose to their highest in more than two years as strong demand from top importers China ...
Global thermal coal prices have retreated from record highs hit after Russia's 2022 invasion of Ukraine, but are 50 per cent ...
Russian Foreign Minister Sergey Lavrov has said that India’s inclusion in ‘Afghan Quad’, comprising Russia, China, Pakistan, ...
China, the world’s biggest coal consumer, extended its lead in imports over No. 2 buyer India last year to the widest since ...
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