West blames Türkiye for oil shipment delays – FT ...News

At least 22 oil tankers have been stopped from crossing the Bosporus Strait due to price-cap-related insurance issues Western officials are pinning responsibility on Türkiye for the disruption to shipments of oil from the Black Sea, after Ankara stopped 22 tankers of crude from crossing its territorial waters over fears about insurance, the Financial Times reported on Thursday. The vessels were detained days after the EU, the G7 countries and Australia imposed a $60-per-barrel price cap on Russian seaborne crude exports. The measure bans Western enterprises from providing brokerage, shipping, insurance, and other

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