Sanctions on Russian oil could have "big impact" on tanker market, Frontline CEO says
Frontline is keeping a watchful eye on the situation in Ukraine. If the sanctions against Russia directly hit Russian oil, it will have a major impact on the market and create volatility, CEO Lars Barstad assesses.
Tanker company Frontline is closely monitoring the situation in Ukraine and the sanctions that will affect Russia because, if the sanctions directly affect Russian oil, it could prompt volatility in the freight market, says CEO Lars Barstad to ShippingWatch.
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