Greece Extends Naval Drills to Drive Russia Oil Tankers Away

  • Laconian Gulf has become a hotspot for Russian oil transfers
  • Tankers moved away from the area after drills announced
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Greece’s Navy extended a series of exercises aimed at preventing tankers from transferring Russian oil just miles off its coastline.

The navy said in a notice that it will be conducting exercises until May 19 in the Laconian Gulf, an expanse of water that’s become well-known in the oil market as a location for Russian oil switching. It had been due to finish on May 9.