Kpler’s Post

Tariffs and sanctions reshape oil flows The global crude market is moving in two directions, as U.S. #tariffs and sanction threats depress Brent while Indian refiners’ scramble for Middle Eastern cargoes lifts Dubai. The Brent–Dubai exchange for swaps has tightened to $0.5/bbl, unlocking arbitrage flows from West of Suez into Asia. In an extreme scenario, India could source up to 70% of its needs from the Middle East, with U.S. and West African grades filling the gap. While a full Russian ban remains improbable, policy uncertainty is fuelling opportunistic trade, with Chinese refiners also tapping Brent-linked cargoes as Saudi prices rise. The result is a market of sharp regional contrasts, yet bound by the same geopolitical trigger. Read the full article: https://lnkd.in/dYXFxzeW #kpler #oil