September 23, 2023 1:40 am

Deception Is Everywhere

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Deception Is Everywhere

By LauraAboli

The diversion of Russian oil has increased since the Biden administration announced the embargo on 8 March in response to the Russia’s 24 February invasion of Ukraine.

Currently, ships are being rerouted from the US to oil terminals located in Caribbean nations, including the Bahamas, Saint Croix and St. Eustatius. What happens next, is
worthy of a John Le Carre or Daniel Silva novel.

Russian crude, which cannot legally enter the US, could be placed in oil storage tanks with oil from other non-banned countries. When the oil is reloaded, the ship tracking platform will only read the ship was loaded in the Bahamas or St. Eustatius and its destination is a US port, thus losing the visibility of its origin.

https://capital.com/amp/oil-laundering-how-embargoed-black-gold-from-russia-could-end-up-in-us-refineries

Russian crude, which cannot legally enter the US, could be placed in oil storage tanks with oil from other non-banned countries. When the oil is reloaded, the ship tracking platform will only read the ship was loaded in the Bahamas or St. Eustatius and its destination is a US port, thus losing the visibility of its origin, Seigle said.

https://capital.com/amp/oil-laundering-how-embargoed-black-gold-from-russia-could-end-up-in-us-refineries

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