bullish
Best Of: How Dubai is reshaping the global oil trade
SUMMARY
- Correspondent Tom Wilson visited Fujairah, a booming port city in the UAE where oil trading has exploded in recent years
- Western sanctions on Russian oil exports have led to a redirection of global energy flows, with the UAE emerging as a major energy trading hub
- Switzerland has historically been a top location for commodity traders due to its banking secrecy and political neutrality, but the rise of UAE as an oil trading hub is shifting the balance of power in oil markets
This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.
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