Belarus warns of suspending Russian oil transit to Europe over economic dispute


Belarus threatened Thursday to suspend transit of Russian crude to Europe via the Druzhba Pipeline in an attempt to pressure Moscow amid deepening economic disagreements between the neighbors.

Russia exports more than 1 million b/d of crude to Europe through Druzhba, including to Germany, Poland, the Czech Republic, Slovakia and Hungary.

If the pipeline is closed, Russia would be able to redirect some of the crude volumes through its ports on the Black and Baltic seas, but would not be able to compensate for the full halt….

An excerpt from SPG Global