Saudi Arabia, the world’s largest oil exporter, more than doubled the amount of Russian fuel oil it imported in the second quarter to feed power stations to meet summer cooling demand and free up the kingdom’s own crude for export, data showed and traders said.
Data obtained by Reuters through Refinitiv Eikon ship tracking showed Saudi Arabia imported 647,000 tonnes (48,000 barrels per day) of fuel oil from Russia via Russian and Estonian ports in April-June this year. That was up from 320,000 tonnes in the same period a year ago.
For the full year 2021, Saudi Arabia imported 1.05 million tonnes of Russian fuel oil.
Biden is so hellbent on destroying the oil industry in the United States that he’s willing to be ok with the Saudis buying oil from Russia, undermining his pathetic sanctions.
The utter stupidity of the Biden administration is truly a sight to behold.