Non-Western tankers ship majority of Russian crude as G7 struggles to enforce price cap

Capt. John

Three-fifths of Russia’s seaborne crude exports are now being shipped by tankers not required to comply with the G7 oil price cap, according to S&P Global Commodity Insights data, making it increasingly difficult for the US and its allies to curb Moscow’s oil revenue by limiting access to key...

https://www.spglobal.com/platts/en/market-insights/latest-news/oil/101223-non-western-tankers-ship-majority-of-russian-crude-as-g7-struggles-to-enforce-price-cap

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