OilPrice.com: Insurance Ban Is The EU’s Biggest Blow Yet To Russian Oil Exports

June 8, 2022

New York-based ship broker and energy consultancy Poten & Partners says the ban would effectively remove many tankers out of the market for shipping Russian crude, leaving Russia and its willing customers China and India scrambling to find state-controlled vessels and forms of guarantees to move the oil from Russia to China and India.

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