2023: The changing map of oil trade
Oil Markets
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Sanctions, Territorial Claims, and Booming Oil Market
Exploring the impact of sanctions on market flows, this chapter delves into Venezuela's territorial claims on Guiana amidst sanctions and the rapid development of the Guianese crude oil market. With major players like Exxon involved, this booming market may serve as a replacement for Russian exports, while also discussing future trends in the diesel and jet fuel markets.
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