Russia exposes development on recent gas pipeline to China menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
Deputy Prime Minister Alexander Novak disclosed a remarkable shift in Russia's export destinations, notably highlighting China as the recipient of half of its oil and petroleum exports, coupled with a notable surge in India's participation. As Europe's stake diminishes amidst shifting geopolitical dynamics, the redirection of Russian oil exports to China, prompted by European sanctions, has introduced new dimensions to the energy trade equation.
Russia's deputy prime minister says almost all the country's oil exports this year have been shipped to India or China. India is the far bigger growth market as western countries sanction Moscow.
Russia ramps up diesel supplies to Turkey and Morocco ahead EU embargo | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
I expect traditional fossil fuel energy companies to continue to excel, rising to up to 30% of the S&P 500 in the upcoming years as technology stocks continue to shrink. Read more here.