Source: China – South China Morning PostRussian oil tankers are increasingly listing Singapore as their official destination, signalling a shift in export flows from India to China and growing concerns over Western sanctions, traders said and LSEG shipping data shows.
LSEG (London Stock Exchange Group) data shows tankers carrying about 1.4 million metric tons of Russian crude departed for Singapore in January, the highest monthly volume in recent years.
Singapore does not import Russian oil amid sanction risks but its nearby waters…Read More