Russia’s seaborne oil exports rise in August as sanctions impact remains muted

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Russia’s seaborne exports of crude and oil products continued to elude the thrust of Western sanctions during the first half of August exceeding 6 million b/d for the first time since hitting a post-pandemic high in April, according to tanker tracking data. Russia’s crude exports rose by 140,000 b/d on the month to average 3.36 million b/d from Aug 1-16…