The country’s overall seaborne flows fell by 117,000 barrels a day to 2.615 million barrels on a four-week average basis. Volumes also declined week-on-week, though they recovered from a mid-month, weather-related slump. Inflows to the Kremlin’s war-chest sagged amid a combination of G-7 and European Union sanctions designed to punish President Vladimir Putin for last February’s invasion of Ukraine.
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