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

FD vs PPF vs SSY: Which Investment Gives Higher Returns, Better Tax Benefits and More Security?

For investors seeking safe and stable returns, Bank Fixed Deposits (FDs) and government-backed sa

Lok Sabha Election Result 2024: 'If you see anything wrong then...' Congress issued helpline numbers for workers, Kharge said this big thing

Only a few hours are left for the counting of votes for the Lok Sabha elections in 2024. The coun

T20 World Cup: Why and how did Ishan Kishan return to India's T20 World Cup squad? Ravichandran Ashwin explained the reason. Find out here.

Former Indian spinner Ravichandran Ashwin has openly shared his views on Ishan Kishan's return to

IND vs AFG: Batsmen's hands are not working, and the ball is slipping from their hands, how will the match be? The Indian camp is in tension after seeing this thing in Mohali.

Ind vs AFG 1st T20I Mohali weather: The series of three T20 matches between the Indian team and A

ODI WC: Ruckus over India-Pakistan match; Pakistan approached ICC with a visa complaint, Zaka Ashraf also returned to the country

ODI World Cup 2023 is being organized in India. So far this tournament has been a super hit. From

iPhone 18 Pro vs Pro Max: 256GB, 512GB, 1TB or 2TB—Which Storage Variant Should You Buy?

Apple has launched the iPhone 18 Pro and iPhone 18 Pro Max in India, with both models available i

Yuvraj Singh praised his close friend in the Indian team, saying- he deserves to win the World Cup trophy

Veteran former all-rounder Yuvraj Singh praised Indian captain Rohit Sharma and wants to see the&

Elvish Yadav: After the video of Elvish with snakes, a trap was laid with the help of an informer; Inside story of poison business

Elvish Yadav had uploaded the video with snakes on YouTube. After this People for Animals (PFA) s

JKBOSE 10th Result 2023 OUT: Jammu and Kashmir Board 10th result released, 78.89 percent of children passed

JKBOSE Class 10th Result 2023 OUT: Jammu and Kashmir Board of Secondary Education (JKBOSE) has de

After meeting the President, the WB Governor said, "There is a reign of hooliganism in the state, and the Mamata government is on the back foot."

Amidst the devastation caused by devastating floods and landslides in North Bengal, and the deadl

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