How Commodity Traders Are Helping Fund Russia’s War ...Middle East

OILPRICE - Economy
How Commodity Traders Are Helping Fund Russia’s War
source : OILPRICE ( Middle East ) () 33
Despite wide-ranging sanctions and import bans, Russia's vast energy sector continues to thrive, with the country managing to export nearly a billion dollars worth of fossil fuels per day in the first 100 days since its invasion of Ukraine. Indeed, higher crude oil and fuel prices have allowed Russian oil and gas revenues to climb even after the sanctions forced export volumes to dip.   Ultimately, there is no shortage of willing buyers lining up for cheap Russian Urals, nor is there a dearth of middlemen connecting them with Russian energy…

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