Latest Articles about Transit

Caspian Sea Trade Between Russia and Iran Booming

Russian President Vladimir Putin has made the opening of a north-south trade route between the Russian Federation and the Indian Ocean via Iran a priority for more than a decade. But the project has run into increasing difficulties on both of the two possible land... MORE

Russia’s Arctic Crude Exports to China and India Increase

On December 5, 2022, the G7, European Union, Canada, Japan and Australia began implementing a $60 price cap on Russia’s seaborne crude oil exports (see EDM, December 5, 2022), which China and India quickly capitalized on. Additional ceilings on petroleum products are expected later this... MORE