Russia's Deputy PM Novak says we are ready to increase oil supplies to China and India in case of additional demand
Context
Russia's Deputy PM Novak's statement about increasing oil supplies to China and India suggests readiness to respond to potential demand shifts, which can affect global oil prices. This move may indicate a strategic pivot to strengthen ties with these markets amid ongoing geopolitical tensions and EU sanctions, likely keeping upward pressure on WTI prices if demand increases significantly.
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