Commodities Weekly: Geopolitics Impact Brent as China Cuts Crude Imports
- By Viresh Kanabar
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- 4 min read
Summary
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- Rising instability at Russia’s Black Sea ports has likely added a geopolitical premium to Brent. It is now increasingly difficult to obtain insurance for crude and product tankers – which could hurt exports.
Summary
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- Rising instability at Russia’s Black Sea ports has likely added a geopolitical premium to Brent. It is now increasingly difficult to obtain insurance for crude and product tankers – which could hurt exports.
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