price cap News

ISTANBUL –– At least 20 oil tankers queuing off Turkey to cross from Russia’s Black Sea ports to the Mediterranean face more delays as operators race to adhere to new Turkish insurance rules added ahead of a G7 price cap …

LONDON/BRUSSELS —Oil-laden tankers risk being left languishing at sea if insurers do not urgently get clarity on an unfinished G7 and European Union plan to cap the price of Russian crude, two senior industry executives told Reuters. The Group of …