Russia Remains Heavily Reliant On Western Insurance For Its Oil Shipments ...Middle East

OILPRICE - Economy
Russia Remains Heavily Reliant On Western Insurance For Its Oil Shipments
source : OILPRICE ( Middle East ) () 36
Russia continues to rely on Western insurance for more than half of the oil cargoes it sells, which could give leverage to the West if it decides to toughen the sanctions against Moscow.   On December 5th, the EU and G7 banned maritime transportation services from shipping Russia’s crude oil to third countries if the oil is bought above the price cap of $60 per barrel. At the same time, the EU imposed an embargo on seaborne imports of Russian oil into the bloc. Price caps for Russian oil products then came into effect on February 5,…

Hence then, the article about russia remains heavily reliant on western insurance for its oil shipments was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Russia Remains Heavily Reliant On Western Insurance For Its Oil Shipments )

Apple Storegoogle play

Last updated :

Also on site :



Latest News

Oil Prices Edge Higher as Energy Strikes Darken Russia-Ukraine Peace Hopes

before 3 hours & 10 minute

Majority of investors planning to boost portfolios in 2026, survey finds

before 3 hours & 12 minute

New Zealand Faces Growing Gas Supply Risk

before 3 hours & 37 minute

The AI Arms Race Is Cracking Open the Nuclear Fuel Cycle

before 5 hours & 39 minute

A future classic in the making: The eco-friendly iCAUR V27 makes its Middle East debut

before 7 hours & 41 minute

Gold Breaks Higher Amid Mounting Global Debt Fears

before 9 hours & 48 minute

The 2025 Meet Global MICE Congress has drawn twice as many participants

before 11 hour & 34 minute

Remembering Lou Gerstner

before 12 hour & 35 minute

Nigeria: Telecom Sector Shows Resilience Amid Tariff Hikes, Infrastructure Push

before 12 hour & 58 minute

Nigeria: The Attack On Nigeria's Power Infrastructure

before 13 hour & 23 minute

Muscat stock exchange index falls 0.26 percent

before 14 hour & 18 minute

Billion-Dollar Data Centers Are Taking Over the World

before 16 hour & 36 minute

Best Accounting Software for UK Small Business (January 2026): Sage Recognised as the Leading Solution for Managing Finances by Consumer365

before 17 hour & 20 minute

The Dollar Is Facing an End to Its Dominance

before 17 hour & 34 minute

LG Display showcases wide lineup of world-first, leading OLED monitors

2025-12-28