Advertisement

Deepin Moments: The US Buys Russian Oil to Sell to Europe

0
189
Advertisement

Deepin Moments
Nov 5, 2022

A recent media report reveals how Russian oil bypasses sanctions and ends up in the United States: First, it should be clear that the U.S. sanctions against Russia are on crude oil, not refined products.

Second, Lukoil, Russia’s second-largest oil company, is not on the U.S. government’s sanctions list, and the EU embargo on Russian oil is not yet fully in effect.

Lukoil has the fifth-largest refinery in Europe, the Sicily refinery in Italy, which has processed crude oil from several countries, 93 percent of which is imported from Russia.

Under sanctions, U.S. refineries cannot process Russian crude oil, but Italian refineries can.

After refining at the Italian refinery, the country of origin of the oil “changed” from Russia to Italy.

The media said this is a method that has long been used to tamper with the origin of oil.

Finally, the refined product enters ExxonMobil and Lukoil plants in New Jersey and Texas and is distributed to Lukoil stations in 11 U.S. states, completing the importation of oil into the United States.Show less

Advertisement

https://www.youtube.com/watch?v=oI_E42ebLcU

______________________________________________________

If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we’ll forward your request to the author.
______________________________________________________

All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.

Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.

Copyright © 2022 Dinar Chronicles

Advertisement

LEAVE A REPLY

Please enter your comment!
Please enter your name here