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Poland Uses Tankers That Shipped Russian Crude To Import Middle Eastern Oil ...Middle East
Poland’s state energy company Orlen has used at least 10 tankers that had carried Russian crude to Asia to import oil from the Middle East, Reuters has reported, citing unnamed trading sources. This means that the price of the imported crude must have been below $60 per barrel, under the EU and G7 price cap for Russian crude, which also covers the vessels used to ship it abroad. In this way, the report noted, Orlen can get lower shipping rates. The price cap was devised to curb Russian oil revenues with the stipulation that Western companies…
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