The Indian ‘laundromat’ exposes the ‘refined’ hypocrisy of Europe

Five countries — China, India, Singapore, Turkey and the UAE — have turned into “laundromats” for European countries that imposed price caps on Russian crude. Western countries that have largely banned the imports of oil from Russia imported EUR 42 billion worth of oil products from countries that have increased imports of Russian crude oil in the 12 month period since Russia’s invasion, says a report by the Finnish non-government agency Centre for Research on Energy & Clean Air.

The report calls these five countries, which have increased purchases of Russian oil and launder it into products shipped to countries having sanctioned Russian oil, the laundromat countries.