US privately urged traders to resume shipments of Russian oil – FT ...News

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US privately urged traders to resume shipments of Russian oil – FT
Trading companies say Washington “actively encouraged” them to re-engage in shipping crude, the outlet reported The US administration called on the world’s largest commodity traders to shed concerns over deals with price-capped Russian oil in an effort to ensure global supplies, the Financial Times reported citing sources familiar with the matter. Last year, G7 countries and the EU banned imports of seaborne Russian oil, but sales to countries that haven’t joined the sanctions are still permitted at a price limit of $60 per barrel. While the White House hasn’t opposed trading Russian crude in compliance with the p

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