Israel is dependent on imports to supply feedstock to its 297,000 b/d refining fleet. Russia has emerged as the largest supplier over the first nine months of 2020, displacing volumes from the semi-autonomous Kurdistan Region of Iraq (see chart). Imports from Russia are up 42% year-on-year

during the first nine months of 2020 to 98,900 b/d, while crude imports from the KRG fell 56% to 50,700 b/d. (CONTINUED - 207 WORDS)