Posts Tagged “Switzerland”

Switzerland’s Vitol to buy Iran, Russia swap oil

Switzerland’s Vitol to buy Iran, Russia swap oil

An oil official has announced that Vitol S.A. of Switzerland is likely to purchase Russian crude to be swapped through Iran’s largest oil terminal in the Caspian Sea. Despite the seven-year hiatus in oil swaps among Caspian Sea littoral states through Iran’s route, the process has not been resumed yet though negotiations are still underway…

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