Article Image

IPFS News Link • Russia

How Russia dodges oil sanctions on an industrial scale

• https://www.economist.com

In the year since the war in Ukraine began, once-dominant Western firms have pulled back from trading, shipping and insuring Russian oil. In their place, mysterious newcomers have helped sell the country's crude. They are based not in Geneva, but in Hong Kong or Dubai. Many have never dealt in the stuff before. The global energy system is becoming more dispersed, divided—and dangerous.


www.BlackMarketFridays.com