Moreover, the UK and other countries around the North Sea and the Baltic Sea are stepping up efforts to check insurance certificates to challenge suspected shadow vessels along the Russian oil export route from its Baltic Sea ports to the North Sea and the Atlantic. All these new sanctions and measures are aimed at clamping down on the shadow fleet that Russia has amassed to move its oil and refined products in the face of the price cap that Western allies have imposed on Russian crude and petroleum products. The UK and EU moves also add to the coordinated action by Denmark, Sweden, Poland, Finland, Estonia, and the UK, which will begin regularly inspecting the insurance certificates of oil tankers used by Russia in the Baltic and North Seas.
Author: Tsvetana Paraskova
Published at: 2024-12-18 23:00:00
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