Russia assembles 'shadow fleet' of more than 100 oil tankers as Putin tries to bust western sanctions | Business Insider

Russia has a"shadow fleet" of oil tankers to bypass western sanctions, the Financial Times reported.The EU has agreed on a $60 a barrel price cap on Russian oil after Poland wanted it set at just $30.Russia has assembled a"shadow fleet" of more than 100 oil tankers in a bid to bust western sanctions imposed following Vladimir Putin's invasion of Ukraine, the Financial Times reported.they estimated Moscow has quietly amassed more tankers this year.

"We've seen quite a number of sales to unnamed buyers in recent months, and a few weeks after the sale many of these tankers pop up in Russia to take their first load of crude," Craig Kennedy, a Russian oil expert at Harvard's Davis Center who has been tracking the ships, told the FT. Rystad, an energy consultancy company, said Russia amassed another 103 tankers to add to its fleet this year through purchases and the reallocation of ships servicing Iran and Venezuela.The EU imposed a ban on

Source: News Formal (newsformal.com)

BISouthAfrica Lol, did they think the rest of the world must abide by their 'sanctions'? 😂

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