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Key Turkish Refinery Gets Back Into Russian Oil ...Middle East
Turkey’s top oil refiner, Tupras, has resumed purchasing Russian Urals crude oil after a brief halt earlier this year prompted by U.S. sanctions on Moscow. According to trading sources and shipping data reviewed by Reuters, the company restarted imports following a drop in Urals prices below the G7's price cap, reaching their lowest point since 2023. Tupras had previously become one of the largest buyers of Russian crude after Russia's 2022 invasion of Ukraine. In the first 11 months of 2024, Russian oil accounted for roughly 65% of Turkey’s…
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