Turkey, being the third-largest importer of Russian oil, significantly reduced its oil imports in August 2024. The main reason is the scheduled preventive maintenance (SPM) at the STAR refinery near Izmir, which has already caused a drop in supplies from 400-450 thousand barrels per day to 200 thousand barrels per day. The maintenance will last for about two months, leading to temporary changes in oil flows to the Turkish market and possibly affecting the price of Urals crude oil.