Soaring Tanker Costs Stall Russian Oil Trade in Asia After US Sanctions ...Middle East

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Soaring Tanker Costs Stall Russian Oil Trade in Asia After US Sanctions
source : OILPRICE ( Middle East ) () 66
Trade in Russian crude loading for Asia in March has come to a screeching halt as tanker rates are soaring and shippers are scrambling for non-sanctioned vessels following the latest U.S. sanctions on Russia’s oil supply, Reuters reports, citing shipping data and trade sources.                                                     The Biden Administration’s farewell sanctions on Russian oil trade…

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