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Russian Oil Tanker Fleet Severely Hobbled by Last Month’s US Sanctions
The latest US sanctions on Russia’s oil trade have brought a swath of tankers that deliver Moscow’s crude to a halt — reinforcing the significance of the measures in any negotiations over ending the war in Ukraine. About 60% — 94 out 154 — of the active tankers blacklisted by the outgoing Biden administration last month for their involvement in the Russian oil trade have stopped hauling barrels for Moscow or anyone else, ship-tracking data compiled by Bloomberg show. Another seven were under construction or undergoing sea trials. On Wednesday, US President Donald Trump said he’d spoken to Vladimir Putin ... (full story)
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- Posted: Feb 13, 2025 12:20pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 104
