July 25, 2024

Climbing US imports of Russian crude residue could complicate Venezuela sanctions

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Gulf Coast refiners’ increased reliance on Russian residuum could be one of the factors deterring the Trump administration from imposing sanctions on state-owned Russian oil company Rosneft as it continues to receive Venezuelan crude as debt repayment and sell it to Chinese and Indian buyers.By Brian Scheid, Full text -> S&PGlobal

Translation/ Traducción