IMG.gif

Price Cap to Test West's Reach in Shipping Industry

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
Barrier,Gate,Closed,Russia,Flag,Stop,Sanctions,Restriction,Imports,Exports

Europe and other G7 nations are due to apply bans from Monday on their companies providing tankers, insurance and related services for shipping Russian oil, unless the cargo is traded within a price cap — set by the EU Friday at $60 per barrel.

Topics:
Oil Supply, Oil Tankers, Oil Trade, Trade, Policy and Regulation, Sanctions
Wanda Ad #2 (article footer)
#
Saudi Arabia's energy minister has warned once again that sanctions and underinvestment may lead to a global energy supply crunch.
Mon, Feb 6, 2023
Protestors have blocked roads to one of the country's key hydrocarbon areas for a week running.
Mon, Feb 6, 2023