Pakistan expects to receive in May its first cargo loaded with discounted Russian crude after placing its first order for oil from Moscow under a new bilateral deal, Pakistan’s Petroleum Minister Musadik Malik told Reuters. For several months, Pakistan has been negotiating for the purchase of Russian crude at discounts. Pakistan hasn’t been a major importer of Russian oil and gas so far. Last month, reports emerged that Pakistan is looking to buy Russian oil at $50 per barrel, as the South Asian country is grappling with an economic…
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