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It means official Russian shipment of oil has decreased, but what takes its place is the growth of ‘shadow’ tankers. And that reduces G7+ shipping industry’s l

It means official Russian shipment of oil has decreased, but what takes its place is the growth of ‘shadow’ tankers. And that reduces G7+ shipping industry’s leverage over Russia. It's in the article linked above. Most of the shadow tankers have helped Russia's oil trade stay alive https://apnews.com/article/russia-sanctions-shadow-fleet-oil-baltic-ukraine-76b66900d599d6e49692643674907fc0 https://apnews.com/article/russia-sanctions-shadow-fleet-oil..., mainly due to Chinese entities. But recently EU has put more sanctions on China for that https://www.reuters.com/world/europe/eu-adopts-new-russia-sanctions-targeting-china-shadow-fleet-2024-12-16/ https://www.reuters.com/world/europe/eu-adopts-new-russia-sa... The co-mingling of Russian and Chinese naval forces is also very evident recently, with the recent cutting of European underwater cable. Are Russia and China conducting undersea sabotage? | DW News https://www.youtube.com/watch?v=2ObgVV-HJtI https://www.youtube.com/watch?v=2ObgVV-HJtI

SanjayMehta 2y ago
What does “shadow tankers” even mean? These aren’t insured by the monopolies in the City of London so they’re “ghost” or “shadow” tankers? Doesn’t make their oil carrying capacity any lesser.
- JumpCrisscross 2y ago
  > Doesn’t make their oil carrying capacity any lesser They’re derelicts fond of puking up their contents [1]. More practically, dark crude sells at a 20 to 30% discount. (Granted, I know the Indian numbers more confidently than the Chinese refiners’.) [1] https://www.politico.eu/article/russia-shadow-fleet-tanker-oil-spill-black-sea-latvia/ https://www.politico.eu/article/russia-shadow-fleet-tanker-o...
- tim333 2y ago
  “shadow tankers” mean pretending not to be Russia's tankers so as to evade sanctions.
red-iron-pine 2y ago
> Are Russia and China conducting undersea sabotage? this is still a question? yes, they are.

SanjayMehta 2y ago

What does “shadow tankers” even mean? These aren’t insured by the monopolies in the City of London so they’re “ghost” or “shadow” tankers? Doesn’t make their oil carrying capacity any lesser.

JumpCrisscross 2y ago
> Doesn’t make their oil carrying capacity any lesser They’re derelicts fond of puking up their contents [1]. More practically, dark crude sells at a 20 to 30% discount. (Granted, I know the Indian numbers more confidently than the Chinese refiners’.) [1] https://www.politico.eu/article/russia-shadow-fleet-tanker-oil-spill-black-sea-latvia/ https://www.politico.eu/article/russia-shadow-fleet-tanker-o...
tim333 2y ago
“shadow tankers” mean pretending not to be Russia's tankers so as to evade sanctions.

red-iron-pine 2y ago

> Are Russia and China conducting undersea sabotage? this is still a question? yes, they are.