Putin and Southeast Asian leaders back deeper Russia-ASEAN strategic partnership at Kazan summit
Russia and ASEAN held a summit in Kazan and said they would deepen their strategic partnership. ASEAN members including the Philippines, Indonesia, Thailand and Vietnam have either imported Russian crude oil or expressed interest in buying it. The move comes as global fuel prices have risen following the war in Iran, which could help cushion the impact of Western sanctions on Russian oil exports and support the practical flow of Russian crude.