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Asia Grabs Europe’s Oil
Asia Grabs Europe’s Oil After Russia Sanctions Redraw Trading
Millions of barrels of oil that would normally be preserve of oil refineries in Europe are instead heading to Asia as US sanctions on Russia revive one of the market’s great arbitrage trades.
What is the main reason for the slowdown in trading activity for Russian oil in Asia?
Trading activity for Russian oil due for March delivery has slowed in Asia, the primary market, Reuters reported on Tuesday. This is due to a substantial price difference between buyers and sellers in China.
Soaring Tanker Costs Stall Russian Oil Trade in Asia After US Sanctions
New U.S. sanctions on Russian oil exports have caused tanker rates to surge and trade to freeze as shippers scramble for non-sanctioned vessels.
Sanctions tighten grip on Russian oil, pushing China and India away
As reported by Reuters, these sanctions have already had tangible effects. The main recipients of Russian oil, China and India, have suspended purchases from Russia because the de
Russia defies US sanctions, sends sanctioned oil tankers to India
Russia has continued to send cargoes of crude oil to India on tankers that have been sanctioned by the US, Bloomberg reported on Tuesday. This situation presents a crucial test of Moscow’s ability to circumvent the stringent sanctions implemented by Washington earlier this month.
7d
Russia's railways grapple with Asia pivot, sanctions and labour shortages
Russian Railways' cargo volumes slumped to a 15-year low in 2024, with labour and locomotive shortages exacerbating capacity ...
1h
North Koreans Fake Tuberculosis To Avoid Military Deployment to Russia War
North Koreans are privately questioning why Ukraine has suddenly become their enemy, sources told Radio Free Asia.
4h
Japan scrambles jets as Russian bombers fly over high seas
“We confirmed that Russian military bombers and fighter jets flew over the high seas of the Sea of Okhotsk and the Sea of ...
6h
Russia closes in on key Ukrainian city, seeking gateway for future advances
Russian forces are slowly tightening the noose around the eastern Ukrainian city of Pokrovsk, a key logistical hub whose main ...
5d
They Flee Russia as Dissidents Seeking Asylum. The U.S. Locks Them Up.
Asylum-seekers are being detained because they come from Russia and Central Asia, immigrants and attorneys told The Intercept ...
1d
on MSN
Russian army recruitment drops 80% in Moscow — as fighters from Asia and Africa fill the ranks for cash: report
The number of Russians signing up to fight in Ukraine at Moscow recruitment centers have dropped 80% over the last six months ...
Crude Oil Prices
2d
Central Asia’s Response to Global Power Shifts
Central Asia is balancing economic ties with Russia, avoiding sanctions fallout, and leveraging Western initiatives while ...
Channel NewsAsia Singapore
3h
Gabbard faces criticism over Russia, Snowden in intelligence confirmation hearing
WASHINGTON: Former US Representative Tulsi Gabbard, President Donald Trump's choice to be director of national intelligence, ...
13h
U.S. and Russian Figure Skaters Among Passengers on Crashed Jet
Members of the U.S. figure skating community were traveling on the commercial jet that collided with a military helicopter ...
Anadolu Ajansi
1d
Zelenskyy accuses Slovak premier of choosing Russia over West on gas supplies
This is his mistake. Everyone in Europe must think long-term and foster relationships that strengthen our nations,’ says ...
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