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Russia Finds a New Route to Oil Market Via a Tiny Egyptian Port

  • Tanker unloads cargo of Urals crude at Mediterranean terminal
  • Unusual move makes it difficult to pinpoint final destination
An oilfield near Neftekamsk, in the Republic of Bashkortostan, Russia.

An oilfield near Neftekamsk, in the Republic of Bashkortostan, Russia.

Source: Bloomberg

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Russia appears to have found a new means of getting its oil to market with western sanctions looming for Moscow.