Turkey simply relabels Russian oil products and exports them to Europe, research indicates
Turkey simply relabels Russian oil products and exports them to Europe, research indicates. This revelation sheds light on the intricate web of international trade and the not-so-hidden practice of exploiting loopholes in sanctions to benefit all parties involved. The European Union, known for its stringent regulations and adherence to ethical standards, seems to turn a blind eye when it comes to sourcing oil from Russia through intermediaries like Turkey. The implications of this discovery raise questions about the integrity of global trade and the extent to which countries are willing to go for economic gains.
The EU’s import of 5.16 million tonnes of oil products valued at €3.1 billion from Turkish ports with no refining hubs, with a staggering 86% of those imports coming from Russia, is certainly eye-opening.… Continue reading
John Q. Hosedrinker