Business & FinanceEnergy
19 February 2024, 10:29 pm 1 minute
Reuters exclusively reported that a U.S. threat to hit financial firms doing business with Russia with sanctions has chilled Turkish-Russian trade, disrupting or slowing some payments for both imported oil and Turkish exports.
Market Impact
Russia is the top crude and diesel exporter to energy-poor NATO member Turkey, supplying 8.9 million metric tons of crude and 9.4 million tons of diesel to its Black Sea neighbour in the 11 months to November.
Article Tags
Topics of Interest: Business & FinanceEnergy
Type: Reuters Best
Sectors: Business & FinanceCommodities & Energy
Regions: Europe
Countries: RussiaTurkey
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story
