Russia assembles 'shadow fleet' of more than 100 oil tankers as Putin tries to bust western sanctions | Business Insider

  • 📰 BISouthAfrica
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Russia has assembled a 'shadow fleet' of more than 100 oil tankers in a bid to bust western sanctions imposed following Vladimir Putin's invasion of Ukraine, the Financial Times reported.

Russia has a"shadow fleet" of oil tankers to bypass western sanctions, the Financial Times reported.The EU has agreed on a $60 a barrel price cap on Russian oil after Poland wanted it set at just $30.Russia has assembled a"shadow fleet" of more than 100 oil tankers in a bid to bust western sanctions imposed following Vladimir Putin's invasion of Ukraine, the Financial Times reported.they estimated Moscow has quietly amassed more tankers this year.

"We've seen quite a number of sales to unnamed buyers in recent months, and a few weeks after the sale many of these tankers pop up in Russia to take their first load of crude," Craig Kennedy, a Russian oil expert at Harvard's Davis Center who has been tracking the ships, told the FT. Rystad, an energy consultancy company, said Russia amassed another 103 tankers to add to its fleet this year through purchases and the reallocation of ships servicing Iran and Venezuela.The EU imposed a ban on

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 34. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

BISouthAfrica Lol, did they think the rest of the world must abide by their 'sanctions'? 😂

BISouthAfrica I'm proud to say.. I'm among the people benefits from Olivia_Chloe12 company, I just got my payment Of R60,000 from an investment of R5000 all thanks to the trading genius company and miss Olivia_Chloe12

BISouthAfrica I'm proud to say.. I'm among the people benefits from Olivia_Chloe12 company, I just got my payment Of R60,000 from an investment of R5000 all thanks to the trading genius company and miss Olivia_Chloe12

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

More than 100 Allan Gray clients want fossil-fuel free fund, activist group claims | BusinessMore than 100 of Allan Gray's clients want the asset manager to set up a fossil-fuel free fund. This is according to a letter submitted to Allan Gray, by the nonprofit organisation Fossil Free SA, which campaigns for the divestment of fossil fuels. 100 people? Tell them to get stuffed! Who are these tree huggers?
Source: News24 - 🏆 4. / 80 Read more »