Asian governments scramble to secure Russian oil
Iran tensions
Temporary lifting of U.S. sanctions allows purchases of previously banned supplies
Rosneft’s Russian-flagged crude oil tanker Vladimir Monomakh transits the Bosphorus in Istanbul, Turkey. Asian nations are rushing to try and secure Russian oil after the U.S. temporarily lifted a ban on trading it. © Reuters
JOSEPH RACHMAN, SOUMYAJIT SAHA, WATARU SUZUKI
BANGKOK/MUMBAI/SHANGHAI — Asian governments are scrambling to secure supplies of Russian oil after the U.S. temporarily waived sanctions to compensate for disrupted supplies from the Middle East.
