Global Analysis from the European Perspective. Preparing for the world of tomorrow

Interview: Russia says unable to boost oil flows to Asia as Iran curbs bite

Russia is unable to materially increase crude supplies to Asian markets who are faced with the loss of Iranian imports due to existing transportation constraints, Russia’s deputy energy minister Pavel Sorokin told S&P Global Platts in an interview Monday. Register Now But Russia could send more barrels to Europe in the coming months if the economics there become more attractive with US sanctions on Iran’s oil exports kicking-in from early November, Sorokin said. Source Platts

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