Millions of barrels of North Sea oil that would normally be preserved in oil refineries in Europe are instead heading to Asia, according to traders. The increased shipments show the after-effects of increased sanctions on Russia’s oil exports, as well as insurers, traders, and two big producers.

Millions of barrels of North Sea oil that would normally be preserved in oil refineries in Europe are instead heading to Asia, according to traders. The increased shipments show the after-effects of increased sanctions on Russia’s oil exports, as well as insurers, traders, and two big producers.

https://i.redd.it/xcqyytlbcyfe1.jpeg

by Prior-Case58