Privately-managed Chinese ports are accepting sanctioned tankers carrying Russian oil while a non-sanctioned vessel has recently discharged crude that was transferred on it from three smaller ships sanctioned by the U.S. in January, Reuters reports, citing ship-tracking data and sources with knowledge of the operations.
The continued arrival of Russian oil highlights the lengths at which some private refiners and ports in China are going to continue buying the cheaper crude from Russia. Chinese refiners, especially the independent firms in Shandong,…China Finds Workarounds to Continue Imports of Russian Oil
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