Shippers and oil refiners are transporting Russia crude globally – some even landing on US shores – after obscuring its origins, the Wall Street Journal reported, citing shipping records, Refinitiv data and analysis by Helsinki-based think tank Centre for Research on Energy and Clean Air.
Data show Russian oil concealed in blended refined products such as petrol, diesel and chemicals have been making their way to the US through the Suez Canal and across the Atlantic from Indian refineries, which have become major buyers of Russian oil, the report said.
Read the full report: The Wall Street Journal.
ALSO READ:
India’s GAIL Open to Buying Russian Oil and Gas, Says Chair
US Officials Head to India to Discuss Russian Oil Purchases
China’s Purchases of Russian Oil, Coal Jump to Near-Record Levels