Russia Sanctions Hamper Delivery of Moscow’s Oil
The country has been able to keep loading crude onto ships, but it’s having greater difficulty getting it off again.
Two tankers during secretive maneuvers in the Laconian Gulf in 2023.
Photographer: Laurent Laughlin/Bloomberg
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Welcome to our guide to the energy and commodities markets powering the global economy. Today, Oil Strategist Julian Lee assesses the impact of the latest US sanctions on key Russian flows.
Sanctions targeting Russia’s oil sector are working, up to a point.