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Transcripts for BBCNEWS World Business Report 20240604 04:44:00

or is this it for russia? oil is a global or is this it for russia? (1) i. is a global commodity, so if europe manages to not, not getting oilfrom russia, then there is a global market, we rush is going to try to sell. now, there are some limits on russia, the russian oil export infrastructure is designed to move forward towards the west, it s pipeline infrastructure towards asia is almost fully utilised it means it will be incurring somewhat more significant transportation cost when it tries to move oil to other destinations. but without calibrating the assumptions with further measures, one can assume russia will be able to redirect huge proportion of global oil that does not end up in europe.

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