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Geopolitics

Sanctions Halt Belarus Crude Flows to Europe

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Belarus fell under the spotlight of the energy market again last week when state-owned Belorusneft canceled its oil export plan for Germany for 2022 because of a new set of European sanctions. The move would necessitate a reshuffling of crude oil flows from both Belarus and Russia via the Druzhba pipeline. Minsk raised the stakes by again threatening to stop gas transit to Europe if sanctions tighten.

Topics:
Oil Supply, Oil Pipelines
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