Putin's war leaves west more reliant than ever on Asian fuel
'We will see Asia and the Middle East increasingly becoming the fuel suppliers of the world,' said Mukesh Sahdev.
Source: moneyweb.co.za
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'We will see Asia and the Middle East increasingly becoming the fuel suppliers of the world,' said Mukesh Sahdev.
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.
Commodities trading giant Trafigura Group is working on deals to supply Europe with fuel.
Commodities trading giant Trafigura Group is working on deals to supply Europe with fuel.
The toll could be enormous.