Ceasefire, sanctions and tariffs: implications for Asian oil flows

Russia's temporary halt on attacks on Ukraine's energy infrastructure has raised hopes of the two countries eventually moving towards a peace deal, followed by the potential lifting of sanctions. This has also prompted a debate on whether any normalization of Russian oil flows could lead to an immediate reduction in flows from Russia to Asia—mainly India and China. Or oil diplomacy will be at play and Russia will do all it can to ensure that it keeps its two top buyers on its side to ensure rock-steady outlets for its oil in the future?

In this episode of Platts Oil Markets Podcast, Asia energy editor Sambit Mohanty discusses with Shrikant Madhav Vaidya, former chairman of Indian Oil Corp., and Kang Wu, head of global macro and oil demand research at S&P Global Commodity Insights some of the key market developments that could influence oil trade flows to Asia.

More on this topic:

Russian oil flows to India, China unlikely to dwindle despite Ukraine peace talks(opens in a new tab)

India sees renewed interest in US crude amid energy diplomacy, diversification drive(opens in a new tab)

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