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The Crude Report APAC Sanctions impact on Russian crude exports from the Far East
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In this episode of The Crude Report – APAC Series, Adam McCarthy and Fabian Ng
explore the impact of recent sanctions on Russian crude exports from the Far
East. They unpack how trade flows, pricing, and buyer behaviour have evolved in
response to geopolitical pressures.
Key Topics Discussed:
* The initial disruption and quick recovery of ESPO and Sokol crude exports
despite US sanctions
* Creative workarounds like ship-to-ship transfers and vessel substitutions to
maintain export volumes
* Shifts in buyer behaviour, especially among Chinese and Indian refiners, in
response to sanctions and freight costs
* The broader market impact, including price movements and the influence
of Iranian crude sanctions on demand for Russian grades
…
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explore the impact of recent sanctions on Russian crude exports from the Far
East. They unpack how trade flows, pricing, and buyer behaviour have evolved in
response to geopolitical pressures.
Key Topics Discussed:
* The initial disruption and quick recovery of ESPO and Sokol crude exports
despite US sanctions
* Creative workarounds like ship-to-ship transfers and vessel substitutions to
maintain export volumes
* Shifts in buyer behaviour, especially among Chinese and Indian refiners, in
response to sanctions and freight costs
* The broader market impact, including price movements and the influence
of Iranian crude sanctions on demand for Russian grades
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