Consequences of the embargo: a traffic jam with oil tankers formed near the coast of Turkey, media
Tankers loading crude oil from the Russian Federation have access to Western marine insurance, only if the price of oil does not exceed the set ceiling of $60 per barrel.
Related video
After the oil the embargo of the Western countries against Russia came into effect, a cluster of tankers was recorded near the shores of Turkey. This is reported by the Financial Times.
According to restrictions imposed by the European Union, Western marine insurance is no longer available for ships transporting Russian oil at a price exceeding $60 per barrel.
The price was lowered in order not to stop the flow of Russian oil, while cutting into the profits of the Russian Federation.
On Monday, December 5, approximately 19 crude oil vessels were reported to be waiting their turn to pass the Turkish water line. The source believes that this incident indicates a possible disruption of global oil flows.
The publication states that most of the mentioned tankers were transporting Kazakh oil. This raw material is not subject to sanctions, as oil from Kazakhstan enters the Russian Federation through a pipeline.
Turkey has called on all ships plying its waters to provide documents confirming that their insurance will be valid in the event of such events as a spill. oil and collisions.
The publication noted that Ankara allows the passage of tankers transporting gasoline and diesel fuel, since currently the restrictions apply only to crude oil.
We remind you that the embargo on supplies of oil from Russia to European countries entered into force on Monday, December 5. In addition, the price of Russian oil was limited.
Fokus also wrote that the President of Ukraine, Volodymyr Zelenskyi, expressed dissatisfaction with the new price ceiling for oil from the Russian Federation of $60 per barrel. According to the Ukrainian leader, the Russian Federation can earn approximately 100 billion dollars a year from the sale of oil.
We also reported that the Deputy Chairman of the Security Council of the Russian Federation Dmytro Medvedev spoke about the introduction of ceiling prices for oil. He stated that such measures will affect the standard of living of ordinary Europeans.