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EU-Sanctioned Russian Oil Still Hits Markets Via Bulgaria
EU-Sanctioned Russian Oil Still Hits Markets Via Bulgaria Authored by Cyril Widdershoven via OilPrice.com, Bulgaria’s Lukoil Burgas refinery continues to process Russian oil via shadow fleet transfers. EU sanctions have expanded to target 80 Russian vessels, but Bulgaria and other nations like Romania and Turkey remain involved in sanction-evasion schemes. Concerns over Russian influence persist as Hungary’s MOL moves to acquire Lukoil’s Bulgarian assets. Even t
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