Russia’s seaborne crude exports stuck at a 16-month high in the past four weeks, with US President Donald Trump so far failing to convince remaining buyers to ditch Moscow’s oil.
Four-week average shipments from the country’s ports were 3.62 million barrels a day up to Sept. 28, according to vessel-tracking data compiled by Bloomberg, matching the highest since May 2024. The average provides a clearer picture of underlying trends than more volatile weekly figures.
The recent surge in shipments has come despite pressure from Trump on buyers including India, Turkey, Hungary and Slovakia to halt purchases. Even after months of pressure, India shows no sign of cutting ...
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