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News 2026-07-03 18:39 UTC

China Set to Absorb Discounted Russian Crude as Asian Oil Flows Realign, Kpler Says

() -- Heavily discounted Russian crude is set to anchor a new wave of Chinese stockbuilding, as the potential return of Iranian barrels and shifting sanctions dynamics redraw Asia's oil trade map into 2027, Kpler strategists said in a note on Friday. The latest data from Kpler shows that Russian crude shipments into Ch