Greek Tankers Defy Sanctions, Flock to Russian Oil as Prices Plunge Below G7 Limits
Greek shipping firms have re-entered the market for Russian crude as Urals oil prices dipped below the G7’s $60 sanctions cap, with over half the tankers transporting it in April managed by Greek companies. The price drop provided a compliance green light, allowing Greek shippers to resume the trade without breaching Western rules.
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