In 2023, 78% of Russian crude oil exports were directed towards two Asian giants: India and China. A radical redistribution that sharply contrasts with the situation in 2021, when these two nations absorbed only 32% of Russian energy flows. In the face of Western sanctions aimed at strangling its energy sector, Russia is reinventing its trade circuits with its BRICS partners. This strategic realignment towards the Asian axis reflects a major shift in the global energy dynamics, prompting the BRICS bloc to accelerate its efforts to detach from the Western-dominated financial system.
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