🔥 BREAKING NEWS ALERT...
🚨 Energy map just flipped.
India is quietly cutting back on discounted Russian oil after U.S. pressure imports dropping from ~2.0 mb/d → ~1.1 mb/d, aiming near 0.8.
Where did the barrels go?
➡️ China.
Tankers that once fed Jamnagar are now rerouting east, helping Beijing replace lost Venezuelan supply.
Same oil. Different geopolitics.
This doesn’t trade.
its leverage.