By Anusha Ondaatjie, Asantha Sirimanne and Elizabeth Low (Bloomberg) –Sri Lanka is receiving Russian crude oil that it will use to make fuel as the bankrupt nation faces crippling shortages of.
Highlights: Crude set to be used at refinery that's been shut since March Nation needs cheap supply desperately as local crisis deepens Sri Lanka is receiving Russian crude oil that it will use to make fuel as the bankrupt nation faces crippling shortages of everything from gasoline to diesel. The Russian grade of Siberian Light will be processed at Ceylon Petroleum
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Russia’s seaborne crude exports are flowing unabated, despite European Union regulations that prohibit dealings with the country’s state energy companies.