How Russia Is Using Its $10 Billion Shadow Tanker Fleet to Avoid Sanctions

Barchart · 10/18 18:14
Around two years after the U.S. and Europe imposed sanctions on Russian energy, following the Russian invasion of Ukraine, Russia is still evading international sanctions by using shadow tankers and other clandestine methods to transport its crude. Despite strict sanctions on Russian energy, several world powers have found it difficult to ensure they are not importing Russian oil due to the complexities of tracking the crude through the refining process and to its final destination. Now, recent studies show that Russia is still exporting large…