Tag: ESPO crude
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Navigating Stormy Waters: How U.S. Sanctions are Reshaping Global Oil Trade
The Impact of U.S. Sanctions on Global Oil Trade The recent geopolitical developments have significantly impacted the global oil trade, with U.S. sanctions targeting Russia’s oil exports playing a pivotal role. This article explores how these sanctions have disrupted supply chains, particularly at the Pacific port of Kozmino, and how merchants are adapting to rebuild…