TradeWinds News: Sanctions against Russian crude a double-edged sword for tankers, says Poten

January 24, 2022

The threat of sanctions by the West against Russia if it invades Ukraine could prove a double-edge for the tanker markets, a top shipbroker predicts.

Poten & Partners said even though a conflict may still be averted, the geopolitical tension between some of the world’s superpowers is real and since a major oil producer is involved it will create “significant uncertainty in the tanker markets”.

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