15-08-2022, 09:22 AM
Russian crude is quietly flowing to European buyers like Italy and Spain as EU sanctions loom.
Russian oil shipments to the Mediterranean region have jumped recently, Bloomberg data shows.
Ports in Italy and Turkey have seen an uptick in Russian crude imports, hitting multi-week highs to start August.
The European Union's partial ban on Russian crude will take full effect at the end of the year.
Russian oil shipments to the Mediterranean region have jumped recently, Bloomberg data shows.
Ports in Italy and Turkey have seen an uptick in Russian crude imports, hitting multi-week highs to start August.
The European Union's partial ban on Russian crude will take full effect at the end of the year.