Bloomberg: US managed to create a new economic problem for Russia
Category
Economics
Publication date

Bloomberg: US managed to create a new economic problem for Russia

Tankers
Source:  Bloomberg

As Bloomberg news agency managed to find out, the oil tankers' owners in Greece began to sharply reduce the amount of Russian oil against the background of US threats. What is essential to understand is that this may eventually be a severe obstacle to the supply of "black gold" from the Russian Federation.

The US threats still worked

Journalists received data that the number of Greek tankers heading to Russia will decrease by 25% in November compared to last year and by 60% in June.

This will become a new serious problem for the team of the Russian dictator Vladimir Putin because the aggressor country still cannot do without the help of foreign ship operators to deliver all its barrels to the world market.

It is essential to understand that recently, the US Department of the Treasury was able to scare some tanker owners, demanding an explanation of what exactly they did to comply with the maximum level of prices for Russian oil set by the G7.

Demands and veiled threats did have an impact on Greek companies.

Thus, according to data from Bloomberg, this month, Greek tankers will transport only 15 cargoes of the flagship Russian oil of the Urals brand from the ports of the Baltic and Black Seas, although there were as many as 20 of them in October.

The US is trying to deprive Russia of income from oil sales

What is essential to understand is that the G7 price cap means that companies in the European Union can transport Russian oil only for $60 per barrel or below.

Even though the price of Urals jumped above this level in the summer, trading did not stop.

Greece's apparent decline in participation coincided with signs that total Russian exports would also decline. Such a drop would contradict the purpose of establishing the upper limit of the price, which is to preserve the supply of Russian oil, depriving Russia of income, Bloomberg emphasizes.

By staying online, you consent to the use of cookies files, which help us make your stay here even better 

Based on your browser and language settings, you might prefer the English version of our website. Would you like to switch?