China’s independent refiners secretly buying Russian oil at steep discount

At a time when Western countries are mulling an embargo on Russian oil amid its military operations in Ukraine, China’s independent refiners are discreetly buying Russian oil at steep discounts.

As per UK media reports, an independent refinery based in Shandong in eastern China said the refinery has not publicly reported deals with Russian oil suppliers since the start of Moscow’s operations in Ukraine to avoid US sanctions, reported Sputnik.