Romania and Bulgaria scramble to protect Russian refineries as Trump sanctions loom

Romania and Bulgaria scramble to protect Russian refineries as Trump sanctions loom

Shorouk Express Transition troubles Technically, securing exemptions or appointing a state-backed manager to the refineries shouldn’t be an issue. That said, the worst-case scenario — where the refineries cease operations — would play out very differently for the two countries.  For Bulgaria, where the Russian-owned refinery provides up to 80 percent of the country’s fuel…

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