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Russia’s Northern Sea Route Workaround Supplying Asian Buyers
Asia-bound Russian crude and fuel supplies are being rerouted as the US-Israeli war on Iran and disruptions in the straits of Hormuz and Bab al-Mandab choke off traditional crude flows from the Persian Gulf.
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Summary
Russian oil exports via the Arctic Northern Sea Route have surged nearly 50%, reaching 20 million barrels as Middle Eastern shipping disruptions reshape trade flows.
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