Dossier
Asian Buyers
Coverage of Asian Buyers in the Nexus archive.
- Iranian Crude Prices Slashed as More Shipments Exit Hormuz
Iranian crude prices have been significantly reduced as over 40 tankers carrying the oil were observed exiting the Hormuz Strait, primarily heading to Asian buyers, according to ship-tracking data from Bloomberg and Vortexa.
- Kuwait Offers Oil to Asian Buyers for First Time Since War Began
Kuwait has begun offering oil to Asian buyers for the first time since the war began. The oil refinery in Kuwait City is involved in this initiative.
- China Allows State Refiners to Export Some Fuels to Asian Buyers
China has permitted state-owned refiners to export 500,000 tons of fuels to regular Asian customers, indicating a relaxation of an earlier export ban. The move suggests a strategic shift in fuel shipment policies.