China-Based Shipowner Buys Tankers Worth $376 Million to Transport Russian Oil to China, India

NTD Newsroom
By NTD Newsroom
August 18, 2022China in Focus
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China is still buying oil from Russia, despite sanctions from the West on Russian oil.

A mysterious Chinese shipowner is also involved. He or she spent over $375 million to buy 13 tankers in recent months to transfer Russian oil mostly to China, with some going to India.

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