Safety Concerns and Regulatory Measures in Russia’s Clandestine Oil Transfers

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Amid escalating tensions and Western sanctions, covert sea transfers of Russian oil have surged, raising concerns about trade transparency and safety in the maritime industry. The Spglobal source.

  • Covert transfers of Russian oil at sea tripled in Q2, evading EU sanctions and G7 price caps.
  • Motivated by secrecy, Russia seeks to obscure trade flows, complicating Western sanctions enforcement.
  • Safety concerns rise as older tankers engage in clandestine operations;...

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