Why oil-hungry Asia ignores risks linked to Russia’s ‘dark fleet’

Asia’s fuel needs may take priority over the strategic risks of relying on oil from heavily sanctioned Russia, according to experts. Currently, there is little political appetite to treat the surge of Moscow’s crude flowing eastward through a “dark fleet” of tankers as a potential security issue. The US-Israeli war on Iran has caused the price of Brent crude – the benchmark measure – to spike to above US$100 since March, although talks with Washington have seen the price soften in recent days to...