Russia bypasses Biden’s penalties and increases oil supply to Asia – Media

Russian oil exports to Asia began to gradually grow after adaptation to the penalties introduced by US president Joe Biden on January 10. China and India are ready to increase imports, as merchants and oil refiners have found ways to avoid penalties. Bloomberg reported this on Tuesday, March 11.

According to Kpler, it is expected that the delivery of March to India will increase to 1.92 million barrels per day, which will be a maximum from July 2024. Deliveries to China will also increase, predicting 973,000 barrels daily in March.

Exporting oil from Russian ports each week from March 9 has grown 300,000 barrels per day. Three tanks, for more than a year were blocked by penalties, the shipment was accepted into the Primorsk port to the Far East, and many ships re -entered the sea after a long time. At the same time, the United States is strictly sanctions against the shadow of the Armada that exports Russia’s oil, but new negotiations on the peaceful decision of the war in Ukraine may lead to a weakening of restrictions on the energy sector.

However, as Bloomberg’s records, not all sentences sent can reach consumers. India refused to take suction tanks, and most freight exported from the Arctic followed the longer routes, delayed delivery for months. Of the 22 cargoes of Sakhalin oil, only eight were delivered, and the rest were waiting for oil terminals.

India begins to accept applications for the Urals oil supply for April, and the demand for these goods has grown thanks to the new tanks that have not been delivered on the Russian-Indian route. In addition, the company “Permissions”, authorized by India until February 2026, will ensure tanks and goods.

As you know, the United States imposed a huge -scale penalty against oil from Russia.

We added that Türkiye has almost four times reduced oil imports from Russia after strengthening the US penalties.