Russia's war on Ukraine has already disrupted more than 2 million b/d of crude and oil products supplies from the world's second biggest crude exporter, according to S&P Global Commodity Insights, as both official sanctions and industry avoidance crimp flows.
The biggest casualty so far is Europe which imports about 30% of its oil from Russia including 1.5 million b/d of mostly diesel and gasoil.A collapse in demand for Russia's oil in the region has already seen Urals crude prices hit record global exports means more countries could be forced to replace its vital energy flows.Click here to view the infographic in full size