A new report by the Center for Research on Energy and Clean Air (CREA) has found that European countries that banned Russian oil imports are instead importing huge amounts of oil commodities from India, China, United Arab Emirates, Singapore and Turkey, therefore qualifying them as laundromats. The report, titled Laundromat: How the price cap coalition whitewashes Russian oil in third countries, reveals that western countries bought $42 billion worth of laundered Russian crude in the form of various oil products from nations that are friendly…
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