1 C
New York
November 30, 2023
Business Commodities europe news Oil Russia Turkey UK news World news

Oil tankers queue up off Turkey as price cap on Russian crude begins

Turkish authorities demand that insurers prove that ships heading through straits are fully covered

A traffic jam of oil tankers has grown off Turkey after the imposition of a price cap on Russian crude by western powers attempting to hurt the Kremlin’s coffers.

The vessels have come to a halt after Turkish authorities in Ankara demanded that insurers prove that the ships heading through its straits are fully insured.

Continue reading…

Related posts

Russia-Ukraine war at a glance: what we know on day 446 of the invasion


Poland ready to send tanks to Ukraine without German consent


Nikos Christodoulides elected Cyprus’s president with 52% of vote


Pin It on Pinterest

Share This