Covering for "allied" production cuts to evade sanctions? In November, Saudi Arabia became the largest buyer of Russian Crude Oil Product.

Since the European Union's ban on Russian oil took full effect in February last year, countries in Asia have become the largest buyers of Russian fuel oil and VGO. However, think tank data shows that in November, India's imports of Russian Crude Oil Product decreased significantly by 55% month-on-month, reaching the lowest level since June 2022.

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