Tanker upswing could survive recession thanks to Russia's war and EU sanctions
Even though large parts of the world are heading toward an economic recession, tanker rates seem set to stay high, especially due to the Ukraine war and EU’s sanctions against Russia.
by JENS THOMSEN
The tanker market is having an unusually good time at the moment thanks to the energy crisis following Russia’s invasion of Ukraine and the EU’s upcoming price cap on Russian oil.
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