KSA & India Biggest Buyers of Russian Fuel Oil in July

published:28/08/2025 08:20 GMT

Saudi Arabia (KSA) and India were the top destinations for Russian seaborne fuel oil and vacuum gasoil (VGO) exports in July, traders said and LSEG data shows. Since the European Union's full embargo on Russian oil products took effect in February 2023, Middle Eastern and Asian countries have become the main destinations for Russia's fuel oil and VGO supplies. Direct fuel oil and VGO shipments from Russian ports to Saudi Arabia totalled about 1.1 million metric tons in July, little changed...More