
sr20230309_MoneyHQ
Divine Intelligence, etc
00:00
Russian Oil Ships Are Increasing in Capacity and Costs
Western countries have banned most Russian oil imports. But there aren't any rules preventing Western ships from delivering buyers, delivering to buyers such as China and India or providing insurance so long as G7 price caps are respected. Russia now needs four times as much shipping capacity for its crude as it did before the invasion according to a group that tracks this stuff.
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