Take Your Trading To The Next Level. Get Started Here!

Russia oil in dark STS triples in Q2 as Western sanctions come into full force

September 11, 2023 Comments Off

Opaque transfers of Russian oil at sea more than tripled in the second quarter of 2023, according to an S&P Global analysis, suggesting Russian turned to shadowy tanker operations to sidestep an EU embargo and the G7’s price caps on its oil exports. At least 47 million barrels of Russian crude and oil products were transferred by vessels with a…