2024-05-18 11:57:48
The UK continues to buy Russian oil on a big scale, making the most of an present authorized loophole to bypass sanctions. The Guardian writes about this, Day.Az experiences close to Gazeta.ru.
The publication signifies that in 2023, £2.2 billion was spent on importing refined oil from India, China and Turkey. Comparable volumes have been bought in 2022, whereas in 2021 £434.2 million was spent on these functions.
India, China and Türkiye are among the many largest patrons of Russian oil.
“Whereas Russian oil is refined abroad, it’s not thought of to have originated in Russia, permitting it to bypass the commerce ban. Because of this, Russian oil is bought to allied international locations for processing earlier than export to the UK,” the publication notes.
In the meantime, UK authorities experiences present that direct oil imports from Russia fell from £1.5 billion within the first quarter of 2022 to zero a yr later.