Russia May Be Getting Its Crude Out To The World Through An Obscure Egyptian Port

"Russia is pulling an "end around" of its own with how it is getting oil to the rest of the world, despite the sanctions that were put in place as a result of the country's conflict in Ukraine. 

Russia has found the loophole at Egypt’s El Hamra oil terminal, where the country had delivered about 700,000 barrels of oil on July 24. A vessel then came by and collected from the port, which may have included some or all of the barrels. Once the first tanker left, a second arrived, the report said. When the second tanker left on July 28, its cargo tanks were "almost full" and it is moored at the Ras Shukheir oil terminal on Egypt’s Red Sea coast. Tankers carrying Russian crude oil have previously conducted ship to ship transfers "Spanish north African city of Ceuta and, more recently, in the mid-Atlantic." ZeroHedge