GeoBITs
Geostrategic Business Intelligence Trends, November 11, 2022
Russia & Europe
Economy
The reorientation of Russia’s coal market eastwardis facing steep hurdles.
Prior to Moscow’s war on Ukraine, European markets comprised half of Russian coal export. However, an EU embargo was enacted in August, forcing a scramble for new buyers at steeply discounted rates.
Following a record import of Russian coal in September, deliv…