Complications with supply to the US, Asia driving Russian pivot to East Sanctions leading to Russian crude selling at significant discounts Russian trade in currencies other than the dollar, euro intensifying Russian Foreign Minister Sergei Lavrov visited India April 1, as Moscow seeks to increase exports to Asia to make up for a predicted shortfall in deliveries to countries in the west in the wake of Russia’s invasion of Ukraine. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Russia has been targeting growing Asian markets for years. But western sanctions in the wake of the invasion, including restrictions on imports of Russian oil, as well as buyers turning away from Russian crude amid sanctions risks, are now spurring Moscow’s drive to increase exports to Asian markets. “We will be ready to supply to India any goods that India wants to buy,” Lavrov said, according […]