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


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



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