Wednesday, June 19, 2024
English English French Spanish Italian Korean Japanese Russian Hindi Chinese (Simplified)

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.

Subscribe

* indicates required

The Enterprise is an online business news portal that offers extensive reportage of corporate, economic, financial, market, and technology news from around the world. Visit to explore daily national, international & business news, track market movements, and read succinct coverage of significant events. The Enterprise is also your reach vehicle to connect with, and read about senior business executives.

Address: 150th Ct NE, Redmond, WA 98052-4166

©2024 The Enterprise – All Right Reserved.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept