Russian Oil: Whose are these mysterious ships carrying Russian oil around the world? looking for owner


Posted on 3rd Mar 2023 06:54 pm by rohit kumar

Crude oil from Russia is still reaching buyers around the world. But how this oil is reaching different parts of the world remains a mystery. Agencies monitoring the Russian oil business are unable to trace which cargo ships the oil is being transported from.

 

Western countries have imposed strict sanctions on Russia since the start of the Ukraine war. From last December 5, he also fixed the maximum price of Russian oil. Under this, Western countries will be able to ban any transport or insurance company that cooperates in the sale of Russian oil at a price higher than that price. According to people associated with the oil business, mysterious cargo ships are carrying Russian oil, about which complete information is not available. The number of such ships is said to be around 600 and is increasing. This number is equal to ten percent of the total ships in the world engaged in oil transportation.

 

Did you know?Explore Trending and Topic pages for more stories like this.

According to a report by the American TV channel CNN, the question of who the owner of the ships carrying Russian oil remains a puzzle. According to this report, after the western sanctions were imposed, the shipping companies of western countries stopped serving Russian oil. After that new ship operators emerged, whose identity remains a secret. It is estimated that these vessels are being operated by some shell companies based in Dubai or Hong Kong. They have also engaged many ships in this work, whose age has been completed and which are no longer safe to operate.

 

CNN reports that Russia is adamant about proving Western sanctions ineffective, so the importance of the mysterious ships has increased. The main market for Russian oil has now shifted from Europe to India and China. There has been an increase in the movement of ships of unclear identity in those areas.

 

Analysts say the increase in the number of such vessels is an example of the dramatic change in world oil markets since the start of the Ukraine war. Russia is the second largest exporter of oil in the world. In the last year, it has changed the way the oil business has been going on for decades. Due to this the energy system of the world has been divided into two parts.

 

Richards Matthews, head of research at old ship-breaking company EA Gibson, told CNN- 'There are cargo ships in the world now that are not involved in any kind of Russian business. On the other hand, there are ships that are only involved in Russian business.

 

Europe has distanced itself from Russian energy over the past year. But the number of buyers of Russian energy in Asia has increased. Russian oil exports to China and India reached record limits in January this year. According to experts, Russian oil tankers often have their AIS transponders switched off, making them difficult to monitor.

 

Also Read: Moody's: The slow pace of global growth will continue in 2023 as well, expressed this estimate for 2024

1 Like 0 Dislike
Previous news Next news
Other news

EPFO: ₹9,300 Crore Unclaimed in 31 Lakh EPF Accounts: Here's How to Withdraw Your PF Money

Thousands of crores of retirement savings are lying unclaimed in India despite the Employees' Pro

Is Google and YouTube down worldwide? Thousands of users are facing problems, complaining on social media.

On Friday, December 19, 2025, YouTube and Google services experienced widespread outages in sever

Operation Shield: Mock drill again today in four states bordering Pakistan, practice to avoid air strikes

Amid the ongoing tension with Pakistan, mock drills will be conducted again on Saturday in the fo

A case was filed against Mohammad Shami's daughter and ex-wife, Hasin Jahan. Neighbors complained about this, and the video went viral

Haseen Jahan has been in the headlines ever since she separated from Indian cricketer Mohammed Sh

IND vs ENG: For the first time since 1993, Indian bowlers did this big feat, England's batting order was embarrassed in Lucknow

The magic of Indian bowlers was at its peak against England in the ICC World Cup 2023. While Jasp

CM Yogi is strict against corruption, 11 IAS officers including Abhishek Prakash have been suspended so far.

The result of the zero tolerance policy of the Yogi government against corruption is that 2006 ba

India Canada Row: No entry of Canadian citizens into the country, another action against Canada; India suspended visa service

India has taken another big action against Canada. India has suspended visa services for Canadian

IND vs SL: India beat Sri Lanka in a nail-biting match, won the series 3-0, read the thrill of the super over

India registered a spectacular victory in the third T20 match against Sri Lanka on Tuesday. India

PM Modi: On World Environment Day, PM Modi started the tree plantation campaign, took a pledge to plant lakhs of trees

On the occasion of World Environment Day, Prime Minister Narendra Modi started a tree plantation

The Kerala Story Collection Day 1: 'The Kerala Story' made tremendous earnings on the first day, became the 5th biggest opener film

The Kerala Story Box Office Collection Day 1: The controversial film The Kerala Story hit the the

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash