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Russian oil flows through Red Sea face lower risks

Analysis-Russian oil flows through Red Sea still face lower risks

Tankers carrying Russian oil have continued sailing through the Red Sea largely uninterrupted by Houthi attacks on shipping and face lower risks than competitors, according to shipping executives, analysts and flows data. Russia has become more dependent on trade through the Suez Canal and the Red Sea since it invaded Ukraine, which led to Europe imposing sanctions on Russian imports and forced Moscow to export most of its crude to China and India. Before the war, Russia exported more to Europe.

ANALYSIS-Russian oil flows through Red Sea still face lower risks

Tankers carrying Russian oil have continued sailing through the Red Sea largely uninterrupted by Houthi attacks on shipping and face lower risks than competitors, according to shipping executives, analysts and flows data.Russia has become more dependent on trade through the Suez Canal and the Red Se

Russian Oil Flows Through Red Sea Face Lower Risks

Inchcape Shipping Services appoints new CCO

Inchcape Shipping Services appoints new CCO
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