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The Wall Street Journal

Shell Buys Russian Oil at Bargain Price

Shell PLC has snapped up a cargo of Russian crude at a bargain price, ending a [self-imposed embargo on Russian oil by the international energy industry]( Shell bought 100,000 metric tons of Russia’s flagship Urals crude on Friday, according to people familiar with the transaction. It paid $28.50 a barrel below the price of international benchmark Brent crude, the widest discount on record. Lon

Shell Buys Russia’s Flagship Urals Oil at a Record Discount

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