The European Union embargo on Russian petroleum products took effect on 5 February and is based on the $60 oil price cap introduced on 5 December by the major G7 (Group of Seven) countries. In the first quarter of 2023, China, India and Turkey, in particular, increased their purchases to partially...
https://www.hellenicshippingnews.com/tanker-freight-market-changing-trade-flows-in-q1-2023/