Urals oil supplies to Turkiye jump in Feb as STAR refinery resumes Russian crude imports
1 Mar 2023; MEMO: Supplies of Russian flagship, Urals crude oil, to Turkiye reached a four-month high in February after STAR refinery, owned by Azerbaijan's oil firm, SOCAR, resumed purchases of the blend, data showed and four industry sources said on Wednesday.
Sea-borne Russian oil supplies are subject to an embargo by the European Union and the price is capped by the West to $60 per barrel over Moscow's actions in Ukraine, Reuters reports.