Russia hunts for new naphtha markets as key buyers pull back

Core Viewpoint - Russia's naphtha exports to Asia are expected to decline in January due to increased storage volumes and U.S. sanctions impacting key buyers such as Taiwan, India, and Venezuela, prompting Moscow to explore new markets [1] Group 1: Export Trends - Naphtha exports from Russia to Asia are projected to decrease in January [1] - Storage volumes of naphtha are rising as a result of sanctions [1] Group 2: Impact of Sanctions - U.S. sanctions are pressuring major buyers including Taiwan, India, and Venezuela [1] - The sanctions are forcing Russia to seek alternative markets for its naphtha [1]