Russia Ships First Oil To Brazil ...Middle East

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Russia—after suffering Western oil embargos and price caps on its oil and oil products, has shipped its first crude oil cargo to Brazil in its quest to find more outlets for its fossil fuels. The Aframax tanker Stratos Aurora is now less than 500 miles off the shore of Brazil, according to Bloomberg ship tracking data, carrying 650,000 barrels of Varandey crude oil from the Murmansk port. Russian oil hasn’t been shipped to Brazil since 2016, but sanctions on Russian crude oil, as well as the price cap, have made it difficult for the…

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