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Urals crude price hike has significant ramifications for Western shipping - TradeWinds

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Urals crude price hike has significant ramifications for Western shipping | TradeWinds

The breach of the $60 oil price cap for Urals crude could have significant ramifications for Western shipping hauling Russian oil, with prices expected to continue rising into 2024, according to analysts.

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Urals crude price hike has significant ramifications for Western shipping

The G7’s $60 crude price cap was breached last week for Urals, with Western shipowners active in the trade

17 July 2023 11:59 GMT Updated 17 July 2023 14:30 GMT
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