Russian Oil Supply To Czech Republic Cut Amid U.S. Sanctions

Russian oil supply to the Czech Republic via the Druzhba pipeline was cut short on Tuesday due to sanction-linked payment issues between Czech refineries' Polish owner and Russian suppliers. According to CTK news agency, the disruption forced refiner Unipetrol to ask to tap state reserves, with the Czech government agreeing to release 330,000 metric tons of crude oil to the company. Middlemen who supply Russian oil have stopped offering cargoes after the latest U.S. sanctions imposed by the Biden administration targeting Russian producers, tankers…