Pakistan just became the latest country to snap up cheap Russian oil
Pakistan has placed its first order for Russian oil since the war with Ukraine began, becoming the latest country to snap up Moscow's crude at a discount.that Pakistan has placed its maiden order for the cheaper oil, and will eventually import around 100,000 barrels a day if the transaction goes smoothly.
"Our orders are in, we have placed that already," he told the publication, adding that its deal with Russia covers crude but not refined products like gasoline and diesel. Russian oil has been available at a steep discount to other benchmarks since Western countries sanctioned the Kremlin after Russia invaded Ukraine in February 2022. The sanctions have targeted the country's key industries and some of its wealthiest and most influential citizens.
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