CommoditiesHigher shipping costs have Asian buyers looking for supplies closer to homeSteam and oil-processing emissions rise from chimneys of Gazprom Neft's Omsk Oil Refinery in the Siberian city of Omsk, Russia. © ReutersRIONA GOMINovember 12, 2026 05:46 JSTTOKYO -- Russian crude oil, still the target of international sanctions, is trading at unusually high prices, with its premium over international benchmark Brent rising to a record high.