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Cash-strapped Sri Lanka gets Russian oil to ease shortages

Cash-strapped Sri Lanka gets Russian oil to ease shortages

COLOMBO: Cash-strapped Sri Lanka took delivery Saturday of Russian oil — which could soon be subject to a European embargo — to restart operations at the country’s only refinery, the energy minister said.
The island nation is suffering its worst economic meltdown since independence, with shortages of fuel and other vital goods making life miserable for its 22 million people.
The state-run Ceylon Petroleum Corporation (CPC) refinery was shuttered in March in the wake of Sri Lanka’s…


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