Saudi Arabia leads in Russian fuel oil imports in June 2025 despite looming Trump tariff threats
In June 2025, Saudi Arabia emerged as the top buyer of Russian seaborne fuel oil and vacuum gasoil (VGO), overtaking India and Turkey, whose imports plunged by 49% and 33%, respectively. This spike is linked to soaring domestic electricity demand driven by extreme summer heat, pushing Saudi Arabia to import discounted Russian fuel oil.
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