127 In the face of Western sanctions, Russia has increased its Arctic oil exports to Asian markets, including China and India. The move is part of Russia’s efforts to diversify its customer base and reduce its dependence on European buyers. The increased Arctic oil exports come at a time when both China and India are looking to secure stable energy sources to meet their growing energy demands. It remains to be seen how this shift in oil supply will affect global energy markets, but it is clear that Russia is determined to maintain its position as a major energy player in the face of international pressure. You Might Be Interested In Aramco Invests $7.7 Billion to Expand Fadhili Gas Plant OCBC Announces Leadership Changes to Strengthen Greater China Coverage India sees record-breaking M&A activity with $126.09 billion in deals Surprise Downturn: China’s Factory PMI Weaker Than Expected in November HSBC Announces $3 Billion in Share Buybacks Amid Higher Interest Rates Oxbotica Secures $140 Million in Funding to Revolutionize Transport Industry with Self-Driving Commercial Vehicles