South Korea is considering buying Russian oil for the first time in more than three years as Asian refiners scramble to secure alternative crude shipments following the effective closure of the Strait of Hormuz due to the Middle East war, Reuters reported Thursday, citing an industry ministry message.
Authorities in Seoul are also discussing the possibility of purchasing naphtha from Russia, a liquid distilled from petroleum that is essential for making ethylene, a key ingredient in everything from plastic bags to food packaging.
The reported talks come after the United States issued a waiver last Thursday for the delivery and sale of Russian crude oil and petroleum products loaded onto ships between March 12 and April 11.
South Korea stopped importing Russian crude in December 2022 in response to the full-scale invasion of Ukraine.
2. How is this related to the sub
(1) Oil Shock: Trump’s war is improving Russia’s finance
1 Comment
1. Summary
South Korea is considering buying Russian oil for the first time in more than three years as Asian refiners scramble to secure alternative crude shipments following the effective closure of the Strait of Hormuz due to the Middle East war, Reuters reported Thursday, citing an industry ministry message.
Authorities in Seoul are also discussing the possibility of purchasing naphtha from Russia, a liquid distilled from petroleum that is essential for making ethylene, a key ingredient in everything from plastic bags to food packaging.
The reported talks come after the United States issued a waiver last Thursday for the delivery and sale of Russian crude oil and petroleum products loaded onto ships between March 12 and April 11.
South Korea stopped importing Russian crude in December 2022 in response to the full-scale invasion of Ukraine.
2. How is this related to the sub
(1) Oil Shock: Trump’s war is improving Russia’s finance
3. My opinion
Is Trump insane or treasonous? :
https://preview.redd.it/ku0cz0ygslqg1.jpeg?width=1170&format=pjpg&auto=webp&s=79bde45def9e237d101537a9f563b84dc441148f
Trump’s America is committing a national suicide, destroying structures that supported US hegemony and Americans shout “USA! USA!”.
This is utterly madness.