Mexican state oil company Pemex is exploring alternative markets for its crude, engaging in talks with potential buyers in Asia and Europe after US President Donald Trump imposed tariffs on imports, a senior Mexican government official said.

Pemex is exploring new oil export markets in Asia and Europe after the US imposed a 25% tariff on Mexican crude.

By Adriana Barrera and Stefanie Eschenbacher MEXICO CITY (Reuters) -Mexican state company Pemex is in talks with potential buyers in Asia, including China, and Europe, as it seeks alternative markets for its crude after U.

Mexicos state-owned oil giant Pemex is actively seeking new buyers in Asia and Europe after U.S. President Donald Trump imposed a 25% tariff on Mexican crude imports. A senior government official confirmed that talks

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State energy major Pemex typically sells most of its heavy crude and high-sulphur fuel oil (HSFO) for processing at U.S. Gulf Coast refineries

Pemex has engaged potential buyers in China, India, South Korea, and Europe, ruling out discounts to US buyers.

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