Asia is buying discounted Russian oil, making up for Europe’s cutbacks
Victoria Kim and Clifford Krauss, New York Times
June 22, 2022
Who was cited:
Dr Jeff Brown, President, FGE
A surge in demand from Asia for discounted Russian oil is making up for the sharply lower number of barrels being sold to Europe, dulling the effects of the West’s efforts to punish Moscow over its invasion of Ukraine and keeping revenue flowing to the Kremlin.