New Delhi: US President Donald Trump has indicated potential complications for Russian oil trade unless Moscow reaches an agreement on the Ukraine conflict soon. On Sunday, the American leader threatened to levy secondary tariffs ranging from 25-50 per cent on Russian oil buyers because he feels…
Tag: US sanction Russia oil
Russia’s Ghost Fleet In Focus As West Sanctions Key Oil Sector
London: Russia’s shadow, or ghost, fleet was back in focus Friday after the country was hit by Western sanctions on its key oil sector. Since Russia invaded Ukraine in February 2022, the number of oil tankers with opaque ownership or without proper insurance has soared, enabling…