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Poland lost $230 million in attempt to buy Venezuelan oil
2 sourcesPublished · Updated
Poland's state-owned company Orlen lost $230 million in an attempt to purchase Venezuelan oil through Dubai-based trader Hannon International. The company transferred funds as an advance but did not receive a significant portion of the oil.
Key facts
- $230 million - amount lost
- Orlen company
- Hannon International trader
- Attempt made in December 2023
Poland · Orlen · Hannon International · Venezuela
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