
Dark ship-to-ship transfers keep Russian oil flowing despite sanctions
Oil Markets
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The Czech Republic's Move to Expand the Trans-Alpine Oil Pipeline
Europe has moved away from Russian oil following the invasion of Ukraine in February 2022. The Czech Republic, Slovakia and Hungary have all been given an exemption from the EU on the Russian oil embargo until June 2024. This is mostly because of their alliance on pipeline deliveries and the difficulty in sourcing other supplies quickly.
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