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Russian Oil Exports Reveal Buyers’ Resistance to Trump’s Trade Agenda
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FAN Transport Insights
Russia’s Crude Exports Remain Strong Amid Global PressureAccording to Bloomberg, Russia’s seaborne crude oil exports have reached a 16-month peak over the last four weeks, with U.S. President Donald Trump struggling to persuade key buyers to abandon Russian oil.
The average shipments from Russian ports stood at 3.62 million barrels per day as of September 28, matching levels not seen since May 2024.
This uptick in exports comes despite ongoing pressure from the U.S., particularly targeting nations like India and Turkey to cease their purchases of Russian oil.
China has emerged as the largest importer of Russian crude and is actively seeking to strengthen its energy partnership with Moscow rather than diminish it.
In August, India faced an additional tariff on its exports to the U.S., aimed at curbing its reliance on Russian oil.