INSUBCONTINENT EXCLUSIVE:
bottlenecks that made it difficult for Moscow to replace volumes it used to sell to Europe with exports to other countries, namely China.At
the same time, Russian oil exports, most of which are transported by sea, remain stable and account for over 60% of the country's energy
problem is that Russia's clout in the energy market is big enough that if all of its oil were sanctioned at once, this could cause panic and
the benchmark Brent crude blend is expected to average $74 per barrel in 2025, down from $81 in 2024, according to the U.S
Every $10-a-barrel change in the export price of Russian oil translates to about $17 billion a year in lost revenues
alone doesn't have much room to increase oil production, at least in the short term, according to analysts including Sergei Vakulenko and
create enough oil supply to lower oil prices and potentially crowd out a significant portion of Russian oil from the market
Trump's likely plan is to ease regulations on the oil industry so that the U.S
can cheaply increase its production even when prices are low
producers, especially Saudi Arabia, to lower prices even to secure greater market share because they need high oil prices to balance their
likely focus on its long-term interests, and that includes keeping Russia involved in any OPEC+ deal, Ziemba added.There is also a political
mechanism could be applied to the Persian Gulf states, for example, through the U.S
adoption of the No Oil Producing and Exporting Cartels Act (NOPEC) legislation, he said.
