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Dark ship-to-ship transfers keep Russian oil flowing despite sanctions

Oil Markets

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Russian New Rules: The Biggest Buyers

In May, the biggest euros buyers turned out to be India, taking 1.4 million barrels per day. Turkey was a second largest buyer at 283,000 barrels per day followed by China at 198,000. This is the first time that Turkey has been the second largest buyer of Euro since December. Russia likely to want to keep Turkey as an energy partner after EU sanctions on Russian oil were introduced in December.

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