As Western sanctions against Russia have escalated over its invasion of Ukraine, more ships have joined an existing fleet of mysterious tankers, ready to facilitate Russia’s oil exports. Industry insiders estimate the size of that “shadow” fleet at roughly 600 vessels, or about 10% of the global number of large tankers. And numbers continue to climb. Who owns and operates many of these ships remains a puzzle.
While Western countries have banned most Russian oil imports, there aren’t any rules preventing Western ships from delivering to buyers such as China and India, or from providing services such as insurance — so long as the G7 price caps are respected. Ships with European owners accounted for 36% of Russian crude trade in January, according to Kpler. But the legal and reputational risks of failing to comply with the price caps loom large.
USA 😅🫡
Buyers of Russian oil are paying for killing peaceful people in Ukraine. All should clearly understand this fact.
BiologicalTerror in schools by regime thugs Auschwitz in IslamicRegime is happening since mid February. Hundreds of students were seriously poisoned in different cities led to the death of two so far. Many of them were unconscious and were taken to the hospital! MahsaAmini
Certainly couldn’t be Russia