G7 crude tankers' share in Russia falls to four-month low as EU plans full ban

Share of G7-linked tankers in Russia’s crude export market fell to a four-month low last month, with ship operators finding lucrative business opportunities elsewhere amid a tightening sanctions regime. Tankers flagged, owned or operated by companies based in G7 countries and their allies, or insured by Western protection and indemnity clubs, loaded 23% of Russia’s crude exports of 3.4 million b/dShare of G7-linked tankers in Russia’s crude export market fell to a four-month low last month, with ship operators finding lucrative business opportunities elsewhere amid a tightening sanctions regime. Tankers flagged, owned or operated by companies based in G7 countries and their allies, or insured by Western protection and indemnity clubs, loaded 23% of Russia’s crude exports of 3.4 million b/dRead More