Embargo of Russian oil now spreading to Kazakhstan

The self-imposed embargo of Russian oil is spreading to Kazakhstan crude, with three shipments canceled in the past 24 hours.

The Wonder Vega, Free Spirit and Stealth Haralambos, all Marshall Islands-flagged vessels, were Black Sea-bound for the Port of Novorossiysk.

S&P Global informed clients of the three canceled loadings, citing the war risk premium associated with the grade of oil.

These latest cancellations led the Chevron-led consortium at Tengiz — Kazakhstan’s highest-producing oil field —...

https://www.freightwaves.com/news/embargo-of-russian-oil-now-spreading-to-kazakhstan

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