Sanctions leaving dozens of oil tankers idle – Bloomberg ...News

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Sanctions leaving dozens of oil tankers idle – Bloomberg
source : Russia Today ( News ) () 32
Meanwhile, falling freight rates show that penalties have failed to affect Russia’s oil shipment costs, the outlet has noted Dozens of oil tankers that previously shipped Russian crude currently remain empty and idle off the Russian, Chinese, and Turkish coasts after being hit by Western sanctions, Bloomberg reported on Wednesday, citing tracking data. Some of the 53 vessels were reportedly targeted for breaching a G7 price ceiling on Russian oil exports, while others were designated for belonging to Russian state tanker enterprise Sovcomflot. Some were sanctioned over alleged environmental risks. In February, the

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