The EU will lose one fifth Russian oil that is importing

It seems that fate is working for Russia to increase pressure on EU countries.

Bloomberg announced that European oil refineries will receive less Russian oil.

During the first five months of this year, Russia reduced the export of crude oil by 19%, which is a small percentage compared to the same period of 2017, through its main ports in the Baltic and the Black Sea.

Meanwhile, the Russian oil shipments to China increased by 43%, in the first three months of 2018.

It been known that, EU countries are the main buyers of Russian oil, so the current situation will force European oil refineries to their oil supply from the Middle East.

According to oil experts, these changes could lead to massive loss for marine tankers, which are currently facing difficulties due to the decline in oil supplies by OPEC.

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