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Finance
Finance· Commodities

Asian Refiners Turn to Argentina as Iran War Disrupts Oil Supply

Asian crude oil importers, including China, Japan, and South Korea, have turned to buying oil from as far as Argentina to offset supply losses from the Middle East, anonymous traders with knowledge of the purchases told Bloomberg on Monday. Refiners in Asia, which have relied on the Middle East for a large part of their term supplies before the Iran war, are now scouring the global crude oil market for alternative barrels that do not need to pass through the Strait of Hormuz or other geopolitical hotspots, or take a month longer to deliver from the Red Sea via the Mediterranean and the Cape of Good Hope in Africa.

4 days ago
Finance
Finance· Economy

Russia’s Energy Crisis Puts Kazakhstan in a Tough Spot

6 days ago
World
World· World News

Trump’s Korean gambit exposes a shifting East Asian order

9 days ago
World
World· Elections

Kazakhstan parliamentary elections begin: What’s at stake?

12 days ago
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