Putin’s War Leaves West More Reliant Than Ever

Capt. John
Credits: Venti Views/ Unsplash

The war in Ukraine is strengthening the role of Asia and the Middle East as the world’s main providers of fuels like diesel and gasoline that are crucial to the global economy, says an article published on Japan Times.

Shortage of supplies

As Europe and the U.S. seek to cut off their dependence on Russian petroleum products, they are facing a shortage of supplies at home.

That’s opening opportunities for mega-refineries in places like China and Kuwait to flood the...

https://mfame.guru/putins-war-leaves-west-more-reliant-than-ever/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon