Energy-Hungry Europe Buys Up Supertanker-Sized U.S. Oil Cargoes
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A supertanker delivered U.S. crude oil to Spain for the first time in more than six years as Europe increasingly relies on American energy to replace supply disruptions from Russia’s war in Ukraine.
Vessel Solana delivered some of its 2 million barrels of crude into the Spanish port of Bilbao in mid-April before unloading additional oil in Wilhelmshaven, Germany, and Rotterdam, tracking data show. Solana had received its U.S. oil cargo from smaller vessels while in the U.S. Gulf of Mexico before departing for Europe.