1. Sanction Waivers Fuel Surge: Asian Buyers Turn to Russian Oil Amid Iran War Supply Gap
Energy-starved Asian nations are seizing on U.S. sanction waivers to secure Russian oil, a direct response to supply disruptions triggered by the Iran war. This pivot underscores a stark reality for importers facing critical shortages: Russian crude has become a necessary, if geopolitically fraught, alternative. The mo...