Britain has bought over $700 million worth of petroleum products derived from sanctioned oil since 2022, a report has found The UK has been bypassing its own ban on Russian oil by using a “refinery loophole” to import millions of barrels of the sanctioned commodity in the form of fuels processed in third countries, the BBC reported on Monday, citing two separate studies. A recent investigation by the Centre for Research on Energy and Clean Air (CREA) claimed that India and China, which have become the top buyers of Russian oil after the West banned it, are refining sanctioned crude into jet fuel and diesel and
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