Volumes have tripled over the past year, led by pharmaceuticals, the outlet has reported Italian exports to China have tripled over the past year, with shipments in February alone surging by 131% year-on-year, with no evident reason for the jump, according to Bloomberg.
Almost 80% of crude has been rerouted from the EU to India and China, the agency reports Russian oil exports reached a 14-month high in April, with the lion’s share going to Asian markets amid Western sanctions, the International Energy Agency (IEA) reported on Tuesday.
The British leader met with his Dutch counterpart to discuss ways to aid Kiev in its conflict with Russia UK Prime Minister Rishi Sunak has said he will work to create an “international coalition” to provide Western fighter jets to Ukraine, pledging to bolster the country’s “combat air capabilities” alongside allies.