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World

Russia is sidestepping American oil sanctions

23 June 2022

1:32 AM

23 June 2022

1:32 AM

When the European Union finally made the decision to ban 90 percent of Russia’s crude oil imports by the end of the year, the bureaucrats in Brussels were jubilant. The EU’s adoption of oil sanctions was thought be a big blow to Russian President Vladimir Putin, who depends on the revenue generated by his country’s oil exports to fund his war in Ukraine.

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