Key Russian Oil Grade Sells Out As Asia Snaps Up Barrels

Key Russian Oil Grade Sells Out As Asia Snaps Up Barrels

Assessment

Interactive Video

Business, Architecture, Engineering

University

Hard

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The video discusses Europe's struggle to stop Russian energy exports, highlighting the significance of the coal ban as a measure to reduce revenue for Russia. Despite reduced oil exports, there are still buyers, particularly in Asia. LNG flows continue, with Europe importing significant amounts of Russian gas, even increasing since the war began. This underscores the global dependency on Russian energy and the challenges faced by the EU and allies in reducing this dependency.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways are countries still purchasing LNG from Russia?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the dependency of the world on Russian energy as highlighted in the text.

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