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Have India’s imports of Russian crude peaked?
Russia has leapfrogged Mideast sources to become India’s largest supplier, but flows may be poised to plateau
Gas prices continue to burden European industry
Almost a year-and-a-half after Russia invaded Ukraine, elevated gas prices continue to impact the competitiveness of European industry, especially relative to the US
Europe’s gas pivot and Asian demand boost global midstream
Europe has been hastily building out LNG and pipeline capacity since Russia’s invasion of Ukraine, while demand is rising in Asia
Europe redraws lines on gas infrastructure map
The continent’s gas revamp looks to both LNG and nearby pipelines
A red flag for security of Russian oil supplies
Internal strife and a prolonged war in Ukraine threaten a precarious balance that has kept oil flowing
Europe’s LNG buildout signals brave new world
The EU’s new gas strategy may have wriggled free of complacency and insularity, but demand destruction and chokepoints are just some of the key risk factors
Kazakhstan is key to the Middle Corridor
The race to go around Russia is on and the New Silk Road has a Central Asian energy flavour
Letter from Iran: Tehran's dreams and Moscow's deceptions
Russia is making a show of support for Iran as the two nations strengthen their ties, but the promised investment may never materialise
Rise of Brics challenges oil world order
The five economies are shaking up global markets, and they could be on the cusp of a major break from the existing order
Russia-India crude trade poses challenges
Western banking sanctions and the crude price cap cause headaches for New Delhi and Moscow
Rotterdam is a hub for European refining activity
Russia EU Refining Diesel Kazakhstan
Victor Kotsev
31 October 2022
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EU refineries prepare for life without Russian crude

European refiners have strong incentives to adapt to the technological and logistical challenges of the continent turning away from Russia

European refineries are racing to secure alternative supplies and reconfigure their operations ahead of the start of the EU’s ban on seaborne Russian crude imports on 5 December. The refiners are incentivised by record-high margins for diesel and other products, as well as the looming ban on imports of Russian refined products from 5 February. Nevertheless, considerable logistical and technological challenges remain. The G7 countries announced an unspecified price cap on Russian oil shipments in early September as a kind of addendum to the decision to cut out Russian crude imports. However, traders and refiners alike report confusion in the markets as to the precise parameters of the restric

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