Tag: trick

  • A new trick to export Russian oil and store it in an Arab country

    A new trick to export Russian oil and store it in an Arab country

    Russian oil continues to lure many global markets with its cheap prices, prompting some to circumvent the sanctions imposed on Moscow following its invasion of Ukraine. In this context, it was noted the increasing demand for oil storage tanks in Singapore and the UAE, indicating that Russian oil is being blended and re-exported globally. Storage…