Hoot of the Day: Russian Oil Gets to US Via Sanction Loophole

by Mish Shedlock, Mish Talk: I describe the roundtrip process in which Russian oil refined in Italy makes its way to to the US. It’s a real hoot. The Wall Street Journal has an interesting video that describes How Russian Crude Avoids Sanctions and Ends Up in the US. With an upfront ad, that is a […]