Oil trade set to hit record at UAE ports as traders point to Russia, Iran cargoes
Oil
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Article by:
Claudia Carpenter, Max Lin - S&P Platts
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Date Published:
November 29, 2023
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Who was cited:
Iman Nasseri, Managing Director Middle East - FGE
The UAE's key regional oil trading ports are on track to handle record volumes of fuels and other oil products this year in what traders say reflects displaced supplies from Russia, growing Iranian exports and new refineries in the region.
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