Latest Articles about Transit

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

Bulgaria: Russian Oil and Perpetual Elections

The prolonged political instability in Bulgaria will continue to impact critical energy security decisions and maintain the country’s status as Russia’s best client in Europe. Bulgaria, currently the third-largest buyer of Russian oil in the world, is heading for another round of general elections on... MORE