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The Guardian - UK
The Guardian - UK
Business
Alex Lawson Energy correspondent

Shell and Vitol accused of prolonging Ukraine war with sanctions ‘loophole’

a shell oil tanker truck
Shell announced its intent to withdraw from its ‘involvement in all Russian hydrocarbons’ in March 2020, shortly after Moscow’s invasion of Ukraine. Photograph: Nicolas Economou/NurPhoto/REX/Shutterstock

The oil company Shell and energy trader Vitol have been accused of prolonging the war in Ukraine by exploiting a “loophole” in the EU sanctions regime to bring products derived from Russian oil into Europe through Turkey.

Oleg Ustenko, the economic adviser to the Ukrainian president, Volodymyr Zelenskiy, has urged the energy companies to commit to a deadline to halt the trade of “Russian-origin oil products” to reduce Vladimir Putin’s war coffers, the Guardian can reveal.

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