Tuesday, July 5, 2022

Circumventing sanctions: Oil shippers are hiding Russian crude by ‘going dark’ to avoid backlash

Susan Rice, former President Obama's national security adviser who is still working for him and essentially implementing his policies through our puppet president, should be the next secretary of state. That person would not be Secretary of State Antony Blinken, who is probably one of the least-capable people to have been put into that position.

Russian President Vladimir Putin has found a way to circumvent the sanctions

  • Shippers are continuing to take on Russian crude by "going dark" to include paying for the oil in Chinese currency, the yuan, and exchanging weapons for Russian crude
  • Ships are using several tactics to conceal that their crude cargoes are from Russia, sources told the Guardian
  • At the same time, concerns are growing that India, which has snapped up Russian oil at discounted prices, has the potential to be used as a "back door" for those supplies to enter Europe

Bottom Line

  • It's not illegal to trade in Russian oil, but doing so undermines the West's efforts to hurt Moscow financially so that it is more difficult to fund the ongoing war in Ukraine.
  • India and China have also ramped up their purchases of Russian crude at bargain-basement prices, accounting for nearly 50% of Russia's oil exports by sea.

 

https://www.naturalnews.com/2022-07-05-oil-shippers-hiding-russian-crude-going-dark-avoid-backlash-sanctions.html 

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