EU’s sanctions against Russia risk ensnaring more oil tankers
The EU sanctions on Russian oil may deprive a significant number of tanker operators of basic industry insurance, thereby constituting a potential threat to US efforts to prevent oil supply problems.
By Alberto Nardelli, Christopher Condon and Alaric Nightingale, bloomberg news
The European Union’s latest sanctions on Russian petroleum could end up depriving a swath of the world’s tanker fleet of industry standard insurance, a move that threatens to undermine US efforts to avert an oil supply shock.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
