Russian crude is likely to keep on finding buyers in the developing world, meaning continued changes to tanker trading patterns.
French shipbroker Barry Rogliano Salles (BRS) argues that discounted barrels will be welcomed in 69 nations currently struggling with high energy and food prices, and financial constraints.
The past few months have seen India take advantage of cheap Russian crude, upping imports from around 100,000 barrels per day (bpd) before the Ukraine war started, to around 900,000 bpd between March and May.