Russian Oil Logistics in Chaos Ahead of Looming Sanctions
A worker checks the horizontal flare system by a gas well at an oil, gas and condensate field in the Lensk district of the Sakha Republic, Russia.
Source: Bloomberg
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Traders, tanker companies and the world’s most powerful governments are becoming increasingly fixated upon one question in the oil market: can the petroleum industry’s supply chain handle the harshest sanctions on Russian exports in history?
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Russian Oil Logistics in Chaos Ahead of Looming Sanctions