Russian oil freight rates jump as US boosts scrutiny of price cap compliance

Capt. John

Oil freight rates from Russia’s Baltic ports to India are up some 50% since last week as more shipowners quit the market after the first U.S. sanctions on shipowners carrying Russian crude priced above a G7 cap, three sources said on Tuesday. The Group of Seven (G7) countries imposed sanctions in...

https://www.hellenicshippingnews.com/russian-oil-freight-rates-jump-as-us-boosts-scrutiny-of-price-cap-compliance-2/

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