How is Russia exploiting loopholes to sell oil to the UK and EU?

Despite more than two years and several rounds of energy sanctions, Russia is still making huge amounts of money from oil exports.

Sky’s Ed Conway looks at the shifting oil trade map enabling Putin’s war machine and finds that the UK is still importing Russian oil via countries like India and a refining loophole which means it can be processed and turned into oil products such as jet fuel or diesel and then exported to the EU and the UK.

Read more: https://news.sky.com/topic/russia-5803

#russia #oil #economy

SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
Follow us on TikTok: https://www.tiktok.com/@skynews

For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB

Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/

Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog

To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales

Source