Brazil binges on Russian fuel like never before | World Business News
Edited By WION Video Desk
Published: Aug 18, 2023, 05:45 IST | Updated: Aug 18, 2023, 05:45 IST
Brazil will import a record quantity of Russian fuel this month. That will strengthen Russia's position as Latin America's leading supplier as Moscow develops new markets after a European union boycott. Energy analytics company Kpler ltd. predicts a 25% increase in Russian petroleum imports to 235,000 barrels a day by July.
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