Facebook Pinterest Tumblr
  • News
  • World
  • Politics
  • Sports
  • Entertainment
  • Technology
  • Healthcare
  • More
    • Lifestyle
    • Opinion
    • Automobiles
    • Markets
    • Economy
Search
Buna Times
Buna Times
  • News
  • World
  • Politics
  • Sports
  • Entertainment
  • Technology
  • Healthcare
  • More
    • Lifestyle
    • Opinion
    • Automobiles
    • Markets
    • Economy
HomeWorldUS sanctions have started...
February 13, 2024

US sanctions have started working – two dozen tankers have stopped carrying Russian oil

By David
Facebook
Twitter
Pinterest
WhatsApp


    Two dozen of the 50 tankers subject to US sanctions since October 2023 have stopped transporting Russian oil.

    .in_text_content_22 { width: 300px; height: 600px; } @media(min-width: 600px) { .in_text_content_22 { width: 580px; height: 400px; } }

    .

    According to Bloomberg, after the restrictions were introduced, only 18 tankers loaded oil. Another ship was already carrying cargo at the time the sanctions were imposed. Other tankers are now idle. At the same time, seven tankers were idle even before they were included in the list of sanctions.

    Over the past two months, Bloomberg writes, 14 tankers transporting Sokol oil to India did not reach their destinations, almost half of them turned around. However, of these, only three ships were subject to sanctions.

    Eric Van Nostrand, acting assistant secretary of the Treasury for economic policy, said the restrictions “are achieving” their goals: depriving Russia of energy trade profits needed to fight the war in Ukraine and promoting stability in energy markets.

    As Bloomberg notes, the impact of the restrictions on Russian oil trade is difficult to assess, in particular due to the “secret nature” of this trade.

    The G7 countries and the European Union introduced a price ceiling on Russian oil in 2022 – companies were prohibited from transporting and insuring oil purchased from Russia for more than $60. per barrel. It was assumed that this measure would limit Russia’s income from oil exports without creating a jump in energy prices on the world market. However, China and India did not join the decision of Western countries, where Russia redirected about 90% of exports after the introduction of restrictions.

    In December 2023, Bloomberg wrote that about half of Russia’s exports come from a “shadow fleet” made up of old tankers that turn off their beacons so they cannot be seen by tracking systems. The agency also estimated that Russia spent $11 billion over the year to circumvent restrictions. Moreover, in October 2023 alone, Russia received $11.3 billion. from oil trading

    Source: Racurs

    David
    David

    I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.

    Related

    - A word from our sponsors -

    Most Popular

    Lettl is something new: a blow to a teenager Dnipra is quoted in the air forces

    Zelensky gives doubt the order of freedom

    Ended in the time of a night attack in Odessa was a teacher and his husband (photo)

    Ministers Cabinet approved a budget declaration for three years

    • Tags
    • economic sanctions
    • Latest US events
    • oil

    LEAVE A REPLY Cancel reply

    Please enter your comment!
    Please enter your name here
    You have entered an incorrect email address!
    Please enter your email address here

    Previous article
    The most romantic couple was selected at the Odessa Zoo
    Next article
    Joe Biden created a TikTok account

    More from Author

    World

    Lettl is something new: a blow to a teenager Dnipra is quoted in the air forces

    The military -air forces commented on the...
    David -
    World

    Zelensky gives doubt the order of freedom

    David -
    World

    Ended in the time of a night attack in Odessa was a teacher and his husband (photo)

    In Odessa, the teacher and social pedagogy...
    David -
    Economy

    Ministers Cabinet approved a budget declaration for three years

    Liza -

    - A word from our sponsors -

    Read Now

    Lettl is something new: a blow to a teenager Dnipra is quoted in the air forces

    The military -air forces commented on the Dnieper blow on the afternoon of June 28. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } On Saturday, monitoring channels reported a hit...

    Zelensky gives doubt the order of freedom

    Ended in the time of a night attack in Odessa was a teacher and his husband (photo)

    In Odessa, the teacher and social pedagogy of the Mikhailovsky lyceum Katerina Bosinskaya and her husband Valentine were killed as a result of shelling. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } ...

    Ministers Cabinet approved a budget declaration for three years

    The rocket lab brought a “secret” satellite to orbit

    Zelensky called the decision CCU, which ruined his work

    President of Ukraine Volodymyr Zelensky appointed a judge of the Constitutional Court by his quota and, thus, unlocked the work of CCU. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } ...

    Baltic countries have presented the UN of removal of convention on anti -personnel Mines

    Duda arrives at a farewell visit to Kyiv

    On the DNE in the Atlantic Ocean, the pain of chickens with radioactive departments was observed

    The international group of scientists discovered more than a thousand nuclear barrels in the north -east of the Atlantic Ocean. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } According to...

    The Italian Campari Group announced the sale of Cinzano

    Duda arrived in Ukraine with farewell transportation (photo)

    Polish President Andrem Duda arrived in Ukraine on June 28 during a farewell visit. He will celebrate here with the Ukrainian colleague Vladimir Zelensky Day of the Constitution of Ukraine. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px;...

    Trump made a statement about “billion -billion” for Iran

    Buna Time
    • DMCA
    • Privacy Policy
    • Terms of Use
    • Contact Us
    • Advertising and Outreach

    All Rights Reserved © 2023 - Buna Times