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UK targets more Russian-linked oil tankers with sanctions

Financial Times LogoFinancial Times18h ago

UK targets more Russian-linked oil tankers with sanctions - Financial Times

Quick Summary:

Analysis by the Financial Times suggests the amount of Russian oil carried by these vessels has dropped from nearly 9mn barrels in November to 1mn in June.

The vessels, often old, have grown to almost 600, making up about 10 per cent of all oil tankers globally, according to the UK Foreign Commonwealth and Development Office.

In addition to undermining Russia’s oil revenues, the Foreign Commonwealth and Development Office said a number of vessels used by Russia were also alleged to “double as . . .listening stations, while others are believed to be transporting weaponry to Russia”.


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Article Details

Author / Journalist: Chris Cook

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-18 @ 21:31:33 (18 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 649 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 21678286

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 13 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

Publisher Details

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  • URL: https://beamstart.com/news/uk-targets-more-russian-linked-17213419412317

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