Greek Shipowners Unfazed By The Oil Price Cap ...Middle East

Greek shipowners are not worried about a possible fallout for them from the G7 and EU price cap on Russian crude oil, French Liberacion reported, citing the president of the International Chamber of Commerce and the biggest Greek shipowner. The embargo on the maritime transport of Russian oil will have a positive effect: we shipowners will become richer. Transport costs, which are already skyrocketing, will rise even faster!” Nicolas A. Vernicos told the French news outlet in an interview. Vernicos went on to add that Greek shipowners will…

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