Explainer: Russia's tanker fleet too small to bypass oil price cap

Nov 23 2022


Russia's oil tanker fleet is too small to fully circumvent a plan by the European Union

 LONDON, Nov 23 (Reuters) - Russia's oil tanker fleet is too small to fully circumvent a plan by the European Union, G7 countries and Australia to enforce a price cap on its maritime crude exports starting on Dec. 5, analysts and market watchers say.

 

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