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As more trade partners are refusing to buy Russian oil, they're selling at steep discounts in auctions, and need to use non-pipeline delivery for the resulting
by sdenton4 5y ago
As more trade partners are refusing to buy Russian oil, they're selling at steep discounts in auctions, and need to use non-pipeline delivery for the resulting nonstandard buyers (which greatly increases delivery costs). Germany has also scrapped a plan for a new pipeline, which will decrease future sales.