Russia ramps up Arctic crude exports
Russia is speeding up the shipment of crude oil via its Arctic maritime route this year, transporting seven shipments totaling nearly 6 million barrels to Asia, especially China, instead of relying on traditional routes that face restrictions or European inspections. This trend aims to reduce transportation time and increase oil supplies amidst disruptions in the Middle East, with shipments expected to rise this year compared to 2025. The shipments utilize Vostok Oil carriers and Suezmax tankers, and the "Vostok Oil" project is anticipated to further enhance supplies through this route.
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