EU leaders approve sanctions on partsสมัครสมาชิภSLOTXOof Russian crude oil transported by sea This could cost Putin up to $10 billion per year in export earnings.
On May 31, 2022, Bloomberg reported that Russian President Vladimir Putin may rely more on China and India After the leaders of the European Union (EU) agreed to impose sanctions on Russian crude oil transported by sea. This could cost Putin up to $10 billion a year in export earnings.
Brokers in oil traders view that For this reason, Ural crude oil (the main oil blend exported by Russia), which used to be popular in Europe. Therefore, it is necessary to find a new buyer country that is limited in Asia. This is because the oils are grades that cannot be easily mass-produced for countries such as Sri Lanka and Indonesia that do not have complex processing and blending capabilities. to support high-sulfur oils
That could leave China and India, which have refineries capable of processing Ural oil. Help get this kind of oil from Russia. In addition, China began to loosen the Shanghai lockdown. So public and private refineries may want to buy more Russian oil.
However, it is likely that China and India will have limited purchases of Russian oil. Because the two countries previously bought unprecedented amounts of oil from Russia. until causing dissatisfaction with European nations
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