Interesting,
'US President Donald Trump is redirecting global oil flows.West African and Latin American producers are sending ever-growing volumes of crude to China. America's exports to the Asian country have slumped in favour of its neighbours. There's an urgent global need to find replacement barrels for Iran's, whose exports might just collapse next month.The thing that connects the shifting flows is Trump's foreign policy. China's slumping purchases of American crude - and its extra buying from elsewhere - have coincided with a trade war between the US and the Asian country.Likewise, reimposed sanctions on Iran, which start on November 4, have increased the need for the type of heavy, sour crude that the Persian Gulf state sells.' ( Stuff.co.nz 15/10/2018.)
