Saudi imports of Russian fuel soared tenfold in June
The Cradle | July 13, 2023
Saudi Arabia imported record levels of Russian fuel oil in June, bringing in 910,000 metric tons, a nearly tenfold increase from the same period last year, to meet summer power generation needs.
Since the start of 2023, Saudi imports of Russian fuel have nearly doubled from last year. As of June, the kingdom imported 2.86 million metric tons of fuel oil, exceeding the 1.63 million metric tons imported for all of 2022.
Alongside many countries in the Global South, the kingdom has been ramping up its purchases of discounted Russian fuel over the past several months, allowing Moscow to negate much of the effects of western sanctions and a G7 price cap imposed on their energy sector.
The news comes just over a month after Saudi officials announced plans to cut oil production levels by an extra one million barrels per day (bpd) in July – a cut that came on top of a massive reduction in oil output implemented since last October by OPEC+ member states, including Russia.
In May, Bloomberg reported, “Saudi Arabia is snapping up millions of barrels of Russian diesel that Europe no longer allows, while simultaneously sending its own supplies back to buyers in the EU.”
Traders and analysts believe the kingdom has been conducting this scheme to generate higher profits by taking advantage of western sanctions.
India and China are two other nations taking advantage of the situation, buying as much as 80 percent of the oil that Moscow exported in May.
“In May 2023, India and China accounted for almost 80 percent of Russian crude oil exports,” the Paris-based International Energy Agency (IEA) said in a report.
Russian fuel exports to Africa have also skyrocketed over the past year, increasing nearly 14-fold since the start of the war in Ukraine. Before March 2022, Moscow exported 33,000 bpd of refined products to African nations; by March 2023, exports soared to 420,000 bpd.
No comments yet.
Featured Video
Israeli forces killed 8-year-old Ritaj’s family
or go to
Aletho News Archives – Video-Images
Book Review
Got His Gun: Lost His Legs, Arms, and Penis
By David Swanson | War is a Crime | October 27, 2013
Ann Jones’ new book, They Were Soldiers: How the Wounded Return from America’s Wars: The Untold Story, is devastating, and almost incomprehensibly so when one considers that virtually all of the death and destruction in U.S. wars is on the other side. Statistically, what happens to U.S. troops is almost nothing. In human terms, it’s overwhelming.
Know a young person considering joining the military? Give them this book.
Know a person not working to end war? Give them this book.
Jones presents the choice before us in the clearest terms in the introduction:
Contrary to common opinion in the United States, war is not inevitable. Nor has it always been with us. War is a human invention — an organized, deliberate action of an anti-social kind — and in the long span of human life on Earth, a fairly recent one. For more than 99 percent of the time that humans have lived on this planet, most of them have never made war. Many languages don’t even have a word for it. Turn off CNN and read anthropology. You’ll see.
What’s more, war is obsolete. Most nations don’t make war anymore, except when coerced by the United States to join some spurious ‘coalition.’ The earth is so small, and our time here so short. No other nation on the planet makes war as often, as long, as forcefully, as expensively, as destructively, as wastefully, as senselessly, or as unsuccessfully as the United States. No other nation makes war its business.
Jones begins her book with that distinguishing feature of war: death. The U.S. military assigns specialists in “Mortuary Affairs” to dispose of the dead. They dispose of their own sanity in the process. … continue
Blog Roll
Recent Comments
Aletho News- RFK Jr. Files Lawsuit Against Meta, Alleging Censorship of Presidential Campaign Video
- Woman Injured by AstraZeneca COVID Vaccine During Clinical Trial Sues for Breach of Contract
- Strategic setbacks for US, Israel as the Resistance Axis gains ground in Syria
- Vulcan Program’s Delay Shows US Can’t Even Copy, Much Less Replace, Russia’s Rocket Engine Know-How
- The U.S. Defeat in Vietnam Changed Nothing
- Firing Blanks: The Pentagon as a Fiscal Disaster Factory
- Russia’s Belousov, Shoigu to Take Part in Informal Putin-Xi Meeting – Kremlin Aide
- Ukrainian military stole money intended for fortifications – media
- Is the U.S. blackmailing India over assassination allegations to be more hostile toward China and Russia?
- West mired in Ukraine crisis due to unwillingness or inability to confront reality
- If Americans Knew
- Knowledge is going up in smoke in Gaza
- Israeli settlers destroy truckloads of aid, as Israeli forces watch, Gazans starve – Day 220
- Who’s Funding AIPAC’s Political Spending Barrage?
- For Columbia and a Powerful Donor, Months of Talks and Millions at Risk
- Columbia crackdown led by university prof doubling as NYPD spook
- Disaster unfolds all over Gaza, West Bank – Day 219
- Israeli airstrikes in southern Gaza, invasion in central Gaza, carpet bombing in north – Day 218
- Strapped down, blindfolded, held in diapers: Israeli whistleblowers detail abuse of Palestinians in shadowy detention center
- Fighter jets, attack drones hammer Rafah; catastrophe looms – Day 217
- What it’s like to be used as a human shield by the Israeli army
- Richie Allen
- The Richie Allen Show Returns Tomorrow Wednesday April 24th
- Call Richie Today Monday March 11th From 4.30pm
- Connect To The Richie Allen Show WhatsApp Today
- NHS Asks Patients To Choose From 12 Genders, 10 sexual Preferences & 159 Religions
- The Richie Allen Show Moves To A New Time Slot From Monday Nov 20th
- Starmer Will Sack Shadow Ministers Who Vote For Gaza Ceasefire
- AI Tool Can Predict Heart Attacks Years In Advance
- Nepal Bans TikTok To Preserve Social Harmony
- Bloke Appointed Boss Of Womb Health Charity
- WHO – “Gaza’s Biggest Hospital Becoming A Cemetery”
- No Tricks Zone
- Using Nets On The Seafloor To Retrieve Seafood ‘Roughly The Same As Running 100 Coal-Fired Plants’
- New Paper: Global Warming Leading To HIMALAYAN COOLING, Preventing Glacial Melt!
- DNA Evidence Reveals Domestic Cats, Dogs, African Wildcats, Frogs Lived In The Arctic 9000 Years Ago
- -80°C: Antarctic Vostok Station Records “Extreme Winter Cold”…Not Even Winter Yet!
- The German E-Vehicle Nightmare, 2024 Q1 Sales Plummet 14%… “Graveyard” For Unsold Cars
- Newly Discovered 90,000-Year-Old Human Footprints Reveal How Much Higher Sea Levels Used To Be
- Germany’s Economic Bloodbath Worsens As Green Revolution Causes Economy To Bleed To Death
- Water Vapor Absorbs 84 Times More Radiation Than CO2 … Clouds Drove 89% Of 1982-2018 Warming
- The 97% Consensus Claim Is In Fact 97% Bogus
- Post-1980s Increases In Shortwave Radiation Explains Europe’s Warming Trends Far Better Than CO2
Aletho News 
Leave a comment