The Growing Strain on Russian Tankers from the West
The G7 countries, led by UK Prime Minister Kier Starmer, are ramping up pressure on Russian oil tankers, with 11 more vessels facing sanctions. Despite disruptions for targeted tankers, overall oil supply and freight costs remain stable. Moscow’s shadow fleet is limited, forcing potential reliance on Western-owned ships. Uncertainty looms over the future of the tanker market and global shipping industry.