Aster Turns to Latin America, Africa as Mideast Oil Flows Falter
Singapore refiner Aster Chemicals and Energy Pte is buying crude from as far afield as Latin America and West Africa to replace Middle Eastern supplies squeezed by the Iran war.
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2 matching records found
Singapore refiner Aster Chemicals and Energy Pte is buying crude from as far afield as Latin America and West Africa to replace Middle Eastern supplies squeezed by the Iran war.
Singapore is positioning itself as a bridge between Central Asia and Asean, as both regions increasingly look to each other amid growing disruption to global trade and intensifying superpower rivalry. The political appetite exists, but analysts say trade benefits will still hinge on overcoming obstacles such as geography and a lack of connectivity. Singapore’s Senior Minister Lee Hsien Loong pitched the city state to Central Asian businesses during his visits to Kazakhstan and Uzbekistan from...
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