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Russia Reshuffles Tankers to Keep Shipping Oil to China After US Sanctions

OilPrice · Tsvetana Paraskova · last updated
Aframax oil tankers that serviced crude oil exports from Russia’s western ports are now being redirected to the Russian Far East-China route to service the exports of Russia’s ESPO crude, a favorite with Chinese refiners, Bloomberg reports, citing shipbroker and ship-tracking data. The Biden Administration’s final sanctions on Russian oil trade were the most aggressive yet and sanctioned dozens of vessels that Russia used to ship the ESPO crude blend from its Far East port of Kozmino to China’s independent refiners. Many…
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