Despite severe sanctions on Russia over its war in Ukraine, oil from the country will be consumed in Asia as the EU bans Russian crude.
"Energy security is number one. Price is number two.
SHIPMENTS of Russian oil to Asian markets will increase significantly in the coming months, and after refining will continue to be used by Western countries in the region, as the G7 price cap is introduced.
Despite severe sanctions on Russia over its war in Ukraine, oil from the country will be consumed in Asia as the EU bans Russian crude.
"Energy security is number one. Price is number two.