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Russia supplies oil to the EU through Turkey


May, 16 2024

Russian oil continues to enter the European Union, despite the oil embargo imposed on Russia in early 2023. This happens through Turkish ports, where oil is re-labeled as Turkish before being delivered to European countries. This was reported by the American edition of Politico, citing its data, as well as the results of an investigation conducted by the Center for Energy and Clean Air Research (CREA) and the Center for the Study of Democracy (CSD).Using loopholes in the sanctions regime, i... Read More

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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.