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Oil-Starved Asia Turns to Russia After U.S. Waiver

ports_congestion UTC: 2026-04-01 10:30:00

Some Asian countries are taking Russian oil for the first time in years after the U.S. waiver allowed purchases of Russian oil on tankers to ease the major oil supply shock to the market. The Philippines, one of the Asian nations worst hit by the Middle East supply squeeze and...

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