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TexasTowelie

(124,340 posts)
Mon Nov 3, 2025, 04:14 PM Nov 3

Russia Abandoned by Turkey - Joe Blogs



In 2024, almost 65% of Turkey’s oil imports came from Russia.
By late 2025, that figure has fallen to just 47% — and it’s still dropping.

Turkey’s biggest refiners — Tüpraş and SOCAR STAR — are cutting Russian crude from their mix and switching to Iraqi, Kazakh, Brazilian and Angolan oil. The move is driven by new Western sanctions, shrinking Urals discounts, and the need to keep EU-bound fuel exports compliant.

In this video I explain:
How Turkey went from Russia’s third-largest oil customer to a buyer in retreat.
Why refiners are replacing Russian crude.
How the shift could cost Moscow up to $1.5 billion a month in lost revenue.
What this means for the Russian Oil Industry and the Russian Economy.

This quiet energy pivot is one of the biggest stories in global trade right now — and it could reshape the balance of power in the Black Sea and Mediterranean.

For specific details please check out the CHAPTER list below.

Chapters:
0:00 Intro
1:20 PURCHASES
3:11 REDUCTION
3:58 REFINERIES
6:00 VOLUMES
7:04 REVENUE
8:39 SUMMARY & CONCLUSION
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