EU Oil Sanctions Reconfigure Russian Flows Toward Turkey and India
TL;DR
EU's new ban on refined products from Russian crude pressures Turkey and India as they cut imports, while China may absorb some displaced barrels via teapot refineries; enforcement gaps and loopholes could limit the impact on Moscow's revenues.
- New Sanctions On Russian Oil Hit Indian, Turkish Refineries. Enter China? Radio Free Europe/Radio Liberty
- MRPL Eyes Venezuela Crude as Russian Imports Halt Due to Sanctions Whalesbook
- MRPL shares drop 5%; confirms compliance with Russian crude sanctions Business Standard
- EU products ban triggers a crude reshuffle Vortexa
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