8/9/2022, 3:31 PM (Source: TeleTrader)
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Slovakia confirms oil flow from Ukraine stopped

Slovakia's Transpetrol stated on Tuesday that Ukraine's Ukrtransnafta stopped supplying oil to the country, following payment issues with Russian Transneft. Western-imposed sanctions prevent Moscow from paying transit fees to Kiev.

Earlier today, Transneft said that Ukraine halted the transit of Russian oil, as Russia is unable to finance the transit. The payments were returned after the seventh package of European Union sanctions on Russia, said the spokesperson for Russian Gazprombank.

Baha Breaking News (BBN) / JN