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According to media, Russia uses to export its oil to the world market of the cou...

The Russian Federation found a way to trade oil despite the embargo - the media

According to media, Russia uses to export its oil to the world market of the country-mediators and one-day company. The Russian Federation has learned to "bypass" European sanctions related to oil business, and does it on an industrial scale. The Economist writes about it.

According to the media, only the first package of anti-Russian sanctions was negatively affected by the Russian economy, which the United States and Western partner countries were introduced due to a full-scale invasion of the Armed Forces of the Russian Federation into Ukraine. Then the aggressor country found ways that allowed to "get around" and continue to trade oil in the world market. Basically, oil exports are made thanks to the "gray market".

Oil traders were "unknown intermediaries" who had not previously dealt with such business. In addition, many countries are still ready to buy "black gold" in Russia. As expected, China and India take most of the barrels that the embargo spreads. Russia also sells its oil through intermediary countries: Malaysia, UAE, Iran and Venezuela. To make such oil trade in Dubai, for example, dozens of Russian-friendly Russian companies open.

In addition, semi -legal tankers with Russian oil are often repainted and renamed that their routes are harder to track. But most Russian oil passes through "gray" networks that do not recognize the price ceiling but are not illegal because they deliver the cargo to countries that have not approved the decisions of partner countries of Ukraine on sanctions for the Russian Federation and do not use Western European logistics routes.

Now Russia can use 360 ​​vessels, equivalent to 16% of the world's tankers for raw oil, summarizes the media in its investigation. We will remind, on January 27 the European Union continued economic sanctions against the Russian Federation for half a year. The first sanctions on Russia were imposed in 2014, when it occupied the Crimea and began the war in Ukraine, and significantly expanded in 2022 after a full -scale invasion.