The sanctioned Russian crude continues to reach global markets primarily through an extensive shadow fleet of aging tankers, ship-to-ship transfers, and transponder manipulation. They utilise hundreds of unverified or falsely flagged vessels that operate outside Western insurance and maritime services. Urals crude is moved through ship-to-ship transfers from smaller vessels to larger VLCC super-tankers onContinue reading “Sanctioned Russian Oil’s Hilarious full Circle”
Tag Archives: India oil imports
Tanker Fleets Dominated by the West – Time for Russia and India to have their Own
USA led Western economic sanctions after the beginning of the Ukraine War included limiting Russian crude oil price to $60 per barrel. Since this did not work, the West imposed sanctions targeting the tankers used to ship Russia’s oil. But Russian oil exports actually increased, as Moscow found alternatives. China and India began buying RussianContinue reading “Tanker Fleets Dominated by the West – Time for Russia and India to have their Own”