​Russia’s Shadow Fleet Is A Ticking Geopolitical Timebomb – Tyler Durden

Russia’s Shadow Fleet Is A Ticking Geopolitical Timebomb Authored by Antonio Garcia via OilPrice.com, Despite Western sanctions and oil price caps, Russia continues to use an aging “shadow fleet” of tankers to circumvent restrictions, allowing for stable oil exports. Russian oil is now primarily heading to ‘friendly markets’ like China, India, and Turkey. In response to Russia’s full-scale invasion of Ukraine in February 2022, the European Union and several other Western countries imposed extensive sanctions on Russia, attempting to stop the trade of Russian oil. In December 2022, the G7 countries decided on an oil price cap. However, Russia has…  — Continue at ZeroHedge News : Read More