Bunker fuel demand switch to North Asia likely as sanctions bite Russia

The financial sanctions thrusted upon Russia by the West, in an attempt to push back its aggression against Ukraine, may or may not deter military action but it could certainly shift bunker fuel demand from the Far East Russian ports to North Asia –South Korea, Japan, and China– industry sources said in the week that …

The post Bunker fuel demand switch to North Asia likely as sanctions bite Russia first appeared on Hellenic Shipping News Worldwide.

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