Saudi Arabia becomes the best buyer of Russian fuel oil in the middle of the summer request
The United States Ambassador to NATO Matthew Whitaker joined Maria to discuss President Donald Trump giving Putin a 50-day deadline to end the war in Ukraine or face sanctions when he should meet Volodymyr Zelenskyy for peace talks in Turkey.
Saudi Arabia in June was the best buyer of Russian maritime fuel oil while summer temperatures increased and energy consumption has soaked, according to data collected by the London Stock Exchange Group (LSEG).
Although Saudi Arabia is known to be a large petroleum producer, fuel milk is used for its electricity production, which culminates during hot summer months – which encourages it to turn to cheaper fuel imports to take into account the increase in demand.
Russian President Vladimir Putin presents a gift for defense of the gigantic to the crown prince of Saudi Arabia Mohammed bin Salman at the head of the Chechen Republic Ramzan Kadyrov in Riyadh, Saudi Arabia, October 14, 2019. (Sputnik / Alexei Nikolsky / Kremlin via photos of Reuters / Reuters)
China oil ties with Russia and Iran are commercial flash points, says the United States
Despite the international pressure to stop buying Russian oil in the midst of his brutal war in Ukraine, the Middle East and Asian nations largely avoided direct participation in geopolitical combat and continued to buy the Moscow main goods.
Saudi Arabia, despite its high export volume, has for years imported from Russia to reduce the amount of crude oil that it must refine the fuel, which allows Riyadh to continue to export more crude oil at higher prices.
A gas compression platform of the Mazan oil and gas field and gas project in Saudi Arabia is shipped from the new area on the west coast of Qingdao in Qingdao, Shandong province, China, October 24, 2024. (Costfoto / Nurphoto via Getty Images / Getty Images)
Trump threatens to hit Russia with massive prices after the announcement of NATO weapons
Riyadh frequently turned to Russia when he has to complete the internal demand for petroleum base needs, and continued to import more Moscow than Washington, although this partnership could change if President Donald Trump at 100% of prices comes into force in September if the Russian President Vladimir Putin does not enter into a peace agreement with Ukraine.
The other main importers of Russian oil last month were Senegal in West Africa, in Singapore in Southeast Asia and China, which has remained a higher importer of Russian oil since its invasion of Ukraine in 2022.
An infographic entitled “Russian crude oil exports” created in Istanbul, Turkiye on February 26, 2025. (Muhammed Ali Yigit / Anadolu via Getty Images / Getty Images)
Get Fox Affairs on the move by clicking here
But the war in Ukraine is not the only international conflict affecting Russian oil exports after the European Union published an embargo in 2023.
The Houthi attacks by the terrorist group supported by Iran in the Red Sea have caused changes in the expedition since 2023 by forcing freight navigation to divert Africa rather than going through the great merchant in the middle of the increased risk.
Although the impacts of the Houthi attack on Russian oil exports have largely affected shipping costs and delivery delays rather than export volumes.
Reuters contributed to this report.
