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Russia Relies on Older Tankers to Blunt Sanctions

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Published:
Mon, Dec 5, 2022
Author
Paul Sampson, London
Editor
Andrew Kelly
Tanker,Ship,Port,Import,Export,Transporting
Avigator Fortuner/Shutterstock

A flotilla of aging oil tankers is being mobilized to help Russia sidestep the G7 price cap on seaborne exports of Russian crude oil that took effect on Monday, according to multiple trading sources.

Topics:
Oil Tankers, Oil Trade, Sanctions
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