Near the straits on both sides a traffic jam was formed, at least 19 oil tankers. One of them was waiting for passage for the sixth day.
After the West approved a price ceiling for Russian oil, a tanker blockade formed off the coast of Turkey. On Monday, December 5, wrote the Financial Times.
Turkey has asked for new confirmation of the ship’s insurances and said tankers will not pass through the Bosphorus without them. But, because of the sanctions, ships carrying Russian oil cannot access Western marine insurance unless the oil sells for around $60 a barrel.
The tanker traffic jams were the first sign that the price ceiling could disrupt the global flow of Russian oil.
On the map of the movement of ships Marine Traffic can be seen formed “plug” of tankers in the Bosporus and Dardanelles.
sea traffic
It will be remembered that on December 5, an embargo on the supply of Russian oil by sea to the EU began. EU countries also agreed to an adjustable price ceiling for Russian oil delivered by sea at $60 per barrel. The same decision was made by the G7 countries and Australia.
Earlier, Russian President Vladimir Putin warned of “grave consequences” due to the tightening of oil prices from Russia.
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Source: korrespondent
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.