ft.com
The sanctions-driven insurance dispute that had disrupted oil exports from Russia’s Black Sea ports has been resolved, with maritime authorities saying 19 vessels had already passed through the Turkish Straits after providing satisfactory documentation. Tankers had been forced to drop anchor near the Bosphorus and Dardanelles after Turkey demanded new proof of insurance in response to western sanctions on Russian oil. Washington had hoped that a new price cap on Russian crude, which was design…
about 2 years ago