Iran Ramps Up Oil Exports as China Pulls Back on Russian Crude

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Iran Ramps Up Oil Exports as China Pulls Back on Russian Crude
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Iran’s growing exports illustrate how the invasion of Ukraine is redrawing the world’s energy trade routes, as energy consumers look for alternatives to Russian oil and gas

Increase was fastest of any Middle Eastern nation and highest since President Trump reinstated oil embargo after pulling out of 2015 nuclear pact

The consequences of harsh economic sanctions against Russia are already being felt across the globe. WSJ’s Greg Ip joins other experts to explain the significance of what has happened so far and how the conflict might transform the global economy.

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