Shell Buys Russian Oil At A discount Price
Shell explains why it made the "difficult" decision to buy Russian crude oil
Russia, (PNB NEWS). Shell acknowledged on Friday that it had purchased a cargo of Russian crude oil because it "had no other alternative.
"Dmytro Kuleba, Ukraine's foreign minister, blasted the energy company on Twitter, saying: "Russian oil doesn't look like Ukrainian blood to you?
West has so far avoided imposing sanctions on Russian oil imports, knowing that doing so would drive up global energy costs.
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After Saudi Arabia, Russia is the world's second-largest crude oil producer, supplying almost a third of Europe's needs.
The US is engaged in "serious talk" with Europe to ban Russian oil and...