The Marfa, a Maltese flagged-ship, which regularly buys Russian oil from the Russian ports of the Black Sea, is owned by the state-owned Bank of Communications Company Limited – one of the oldest banks in China, based in Hong Kong.
China is one of the biggest serial offenders in purchasing Russian oil and it often sells back the Russian oil to third-parties at a considerable profit.
China is also using Hurd’s Bank in Malta to heavily trade in Russian oil.
Website Editor
Historian and Publisher
Leave a Reply