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

Xi’s Anti-Corruption Campaign: Yunnan Province in Focus

Introduction At the 20th National Congress of the Chinese Communist Party (CCP) last October, General Secretary Xi Jinping lauded the achievements of his anti-corruption campaign, reminding the audience that a total of 207,000 “top leaders” (一把手) at all levels had been investigated by the discipline... MORE

Russo-Indian Economic Ties During Wartime: Oil, Currency and the Arctic

Following the launch Russia’s all-out war of aggression against Ukraine and growing international economic-political isolation, the Kremlin’s contacts with major regional and international powers have shrunk to three primary players: China, India and Turkey. Specifically, current and prospective ties are being cultivated between Moscow and... MORE

Georgia Attempts to Revive Strategic Anaklia Deep-Sea Port Project

In all likelihood, the Georgian government has decided to seriously deal with the project of constructing the strategically important deep-sea Port of Anaklia, which was suspended in 2020 when the government canceled the $2.5 billion contract with previous investor Anaklia Development Consortium (ADC) (Eurasianet, January... MORE