Reporting from Europe, Jeff McMahon covers ... has not verified the precise amount of oil products from Russian crude oil that passes through laundering countries to price cap-coalition countries.

Millions of barrels of oil that would normally be preserve of oil refineries in Europe are instead heading to Asia as US sanctions on Russia revive one of the market’s great arbitrage trades.

Millions of barrels of oil that would normally be preserve of oil refineries in Europe are instead heading ... increase in inquiries for supply from countries including Saudi Arabia, Iraq, Kuwait ...